March 6, 2021 10:23 am
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PSU

Indian Renewable Energy Development Agency (IREDA) signed a Memorandum of Understanding (MoU) with NHPC for providing its technical expertise in developing renewable energy projects.

IREDA signs MoU with NHPC to support green energy projects

Indian Renewable Energy Development Agency (IREDA) signed a Memorandum of Understanding (MoU) with NHPC for providing its technical expertise in developing renewable energy projects.
Coal blocks

NALCO to invest Rs 30,000 cr on expansion by 2027-28: Union Minister Joshi

Union Minister for Coal and Mines Pralhad Joshi has said that National Aluminium Company Limited (NALCO) will invest around Rs 30,000 crores by the financial year 2027-28 on the company’s expansion and diversification plans. Addressing the 41st Foundation Day of NALCO yesterday at the company’s headquarters in Bhubaneswar, he said...
Acquisition

BEL signs contract with Indian Navy for indigenously developed Laser Dazzlers

Bharat Electronics Limited (BEL) has signed a contract with the Indian Navy for initially supplying 20 Light Amplification by Stimulated Emission of Radiation Dazzlers (Laser Dazzlers). The Laser Dazzler is used as a non-lethal method for warning and stopping suspicious vehicles/boats/aircraft/UAVs/pirates, etc. from approaching secured areas during both day and...
Somnath Nandi, Director (Technical), NMDC.

Senior PSU leader Somnath Nandi now Director (Technical), NMDC

Nandi will be responsible for providing technical leadership and spearhead company's digital transformation journey towards making it 'digital first' PSU.
Coal blocks

Merging multiple e-auction windows into one will help enlarge customer base: CIL

In order to broaden its customer base and maintain a steady bottomline, Coal India favours twisting its e-auction policy, according to an official. The notion to put all e-auction coal in one bucket will help in realising a higher off-take, PTI quoted the official. "When pithead coal stock is nearly 70...

RailTel plans IPO for Rs 700 crore early next year

Public sector player RailTel is lining up a Rs 700 crore initial public offer (IPO) early next year, valuing the company at around Rs 3,000 crore. This is a part of the government’s disinvestment programme. The IPO has been in the works for over a year now but given the...
Profit After Tax (PAT) of NMDC for Q2 of 2020-21 increased by 10% to Rs.774 crores against Rs. 703 crores during Q2 of 2019-20.

NMDC Q2 results: Profit up by 10% to Rs 774 crore

Profit After Tax (PAT) of NMDC for Q2 of 2020-21 increased by 10% to Rs.774 crores against Rs. 703 crores during Q2 of 2019-20.
HIL chairman and managing director SP Mohanty

HIL on a path to achieve its revenue target of ₹451 crore: CMD SP Mohanty

Hindustan Insecticides Limited is on the path to achieving its revenue target of ₹451 crore in the current financial year 2020-21, said HIL chairman and managing director SP Mohanty.
The collaboration will help IFFCO to reach out to over 3 crore registered customers of SBI YONO, a large part of which happens to be farmers.

IFFCO partners with SBI to streamline payments for its e-commerce platform

The collaboration will help IFFCO to reach out to over 3 crore registered customers of SBI YONO, a large part of which happens to be farmers.
Sumit Deb, Chairman-cum-Managing Director, NMDC Limited

Central PSU NMDC to invest Rs 10 crore to promote deep-tech startups

NMDC Limited in association with IIT Hyderabad have launched Incubation and Fellowship program to support deep-tech startups in India
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