Keyword : PSU

Efficient PSU banks to be rewarded, to get Rs 6990 cr

Finance minister in the budget speech talked about the need of infusing more capital in the public sector banks (PSBs) to keep them in line with Basel-III norms. Following which finance ministry ha

Govt to keep flying Air India, MTNL ready with revival plan

The civil aviation ministry has that there was no question of closing Air India. Minister of Heavy Industries Anant Geete had said in a written reply to the Lok Sabha that Air India and MTNL were a

Seven-point Indradhanush may lift PSU banks

Indradhanush, the seven-pronged strategy for public sector banks announced by the government has a potential to boost the performance of PSU banks but may fail on three counts, says a report by CRI

Innovator Biswas is new R&D director at BHEL

Subrata Biswas, 56, has assumed charge as director (engineering, research & development) of the Maharatna Public Sector engineering and manufacturing enterprise. This is a board-level appointme

Airports authority staff join e-revolution

The Airports Authority of India (AAI), a miniratna (category-I) public Sector Enterprise entered in to an agreement with NIIT on 29.09.2015 to impart MS Office and computer fundamental training to

NTPC pays Rs. 2,061.37 cr dividend for FY 2014-15

In a dividend payment that is fifth highest among all the public sector undertakings, NTPC Limited has paid a total dividend of Rs. 2,061.37 crore for the financial year 2014-15. This amounts to 25

NTPC, BEL disinvestment process begins with road shows abroad

The global roadshows at four locations to attract investments for its big-ticket stake sale in the country’s largest power producer NTPC and BEL began on Monday (Oct 5). The campaign that may

BHEL pays dividend

Bharat Heavy Electricals Limited (BHEL) has paid a final equity dividend of 31% for fiscal 2014-15. In value terms, the total dividend paid for fiscal 2014-15 amounts to Rs.284 Crore, which is 58%

2,000-MW Subansiri lower hydro project contract date extended

NHPC Ltd. has extended the deadline for bids to construct civil works of the powerhouse complex of the 2,000-MW Subansiri Lower hydroelectric project on the Subansiri River in India`s Arunachal Pra

Govt invites applications for Power Finance Corp

The Public Enterprises Selection Board (PESB) has invited applications for the post of chairman and managing director (CMD) at state-owned Power Finance Corp. Ltd (PFC). The company’s current

PSUs may have to pay higher dividend to govt

To meet the union budget estimates, all profit-making public-sector undertakings (PSU) have been asked to pay a minimum dividend of 30 per cent of post-tax profit for 2015-16. Earlier, only the ups

IOC to spend Rs 32,500 crore on oil exploration, production

Indian Oil Corporation is planning to spend about $5 billion (nearly Rs 32,500 crore) to expand its exploration and production business. More than half the amount is likely to be ear

BHEL starts 2,730-MW power projects

The state-owned Bharat Heavy Electricals (BHEL) said it has commissioned 2,730 MW of utility power projects in the first six months of 2015-16. "BHEL has once again demonstrated

Okay for NTPC - SAIL

NTPC - SAIL Power Company has been provided environment clearance for expansion of its Durgapur captive power plant in West Bengal with an investment of Rs 362 crore. The company is

Foreign investors sell Rs 5,000 cr of PSU stocks in Q2

Foreign institutional investors (FIIs) sold equity shares worth nearly Rs 5,000 crore in public sector undertakings (PSUs), including banks, in the July–September quarter, while domestic inst

Jharkhand government, GAIL ink MoU for natural gas supply

The Jharkhand government has cleared deck for commissioning work for the 450km natural gas pipeline in the state under the energy highway project.  The Raghubar Das-led NDA government signed a

PSUs to be more investor-friendly as govt looks to sell shares

Public sector units may open up now. The Department of Disinvestment (DoD) likes to see listed public sector undertakings (PSUs) in more proactive mode in having investor contact and keep them upda

PSUs to boost fortunes of domestic shipping industry

The government is considering a proposal to make it mandatory for the public sector undertakings to  import of commodities, including oil and coal, to engage the services of Shipping Corporati

First Solar Thermal Cooking System installed in NTPC Station

Solar Thermal Cooking System, an innovative low carbon, all weather cooking solution has been installed at an NTPC station. AK Jha, CMD, NTPC inaugurated the STCS which is a joint initiative of NTP

ONGC’s net profit declines

ONGC reported a weak set of second quarter earnings with net profit declining 31 percent to Rs 4,842 crore and revenue falling 9.4 percent to Rs 20,679 crore.  Last financial ye

GAIL tops carbon disclosure index list in PSUs

State-owned natural gas processing and distribution company GAIL (India) Limited has topped the public sector undertakings in the Carbon Disclosure Leadership Index (CDLI) released by Carbon Disclo

BSNL rings in profit with cuts in administrative cost

Reversing in the welcome trend, state-run BSNL has reported an operating profit of Rs 672 crore for the financial year 2015. This has been achieved due to fall in administrative costs and jump in r

Morning briefing: Jaitley to meet PSU bank chiefs today to discuss NPAs, interest rates

Finance minister Arun Jaitley will meet heads of PSU banks today (Monday) to discuss loans, interest rate reduction and jan dhan yojana. The performance review meeting of public sector banks (PSBs)

Morning briefing: Government agrees to some demands put forward by Congress on GST

In what could possibly thaw the ice between the Centre and Opposition, Prime Minister Narendra Modi on Friday evening met Congress president Sonia Gandhi and former prime minister Manmohan Singh to

No plan to disinvest stake in BSNL and MTNL

Government has no proposal to disinvest stake in BSNL and MTNL as part of their revival strategy. To a question whether the government has any proposal to disinvest BSNL and MTNL as

Indian Oil allocates big budget to upgrade Paradip refinery

Indian Oil Corp aims to invest Rs 40 billion ($600 million) in upgrading its newest refinery in Paradip, Odisha,  after the government decided to fast track the introduction of road vehicle fu

Air India to hire over 500 type-rated pilots on contract basis

Air India will hire over 500 type-rated pilots on contract basis for the carrier’s narrow-body fleet, which is expected to grow to about 80 aircraft by March 2018. This will be one of the lar

Indian Railways choose vibrant colours for semi-high speed train coaches

Indian Railway has selected ‘Vitality’, the colour scheme inspired by ‘cheetah’, the fastest moving animal, created by the National Institute of Design for the coaches of th

Govt waives customs duty for ONGC, Oil India

The government has exempted customs duty on goods imported for producing oil and gas from 69 oil fields of ONGC and Oil India. This aims at boosting domestic production of oil and ga

BHEL commissions 520 MW thermal power unit

Bharat Heavy Electricals Ltd (BHEL) has commissioned a 520-mw coal-based thermal power unit in Andhra Pradesh. "The unit has been commissioned at the 2x520 mw Vizag Thermal Powe

Off target, for the 6th time

In 1991 when the government first decided to divest its equity stake in public sector enterprises (PSUs), Yashwant Sinha,  then finance minister, said that disinvestment would “broad-bas

CPSEs should collaborate and pool their resources: Pranab Mukherjee

President Pranab Mukherjee has advised central public sector enterprises (CPSEs) to collaborate and p

Enhancing the SCOPE of PSEs

With a vision to create an ideal institution for PSU employees and develop a public sector cadre of professionals, the Standing Conference of Public Enterprises (SCOPE) will establish an Academy of

Government must give PSUs more freedom, says Amitabh Kant

State-run companies need to be kept at an arm`s length from their administrative ministries and should be given more freedom and flexibility, said NITI Aayog CEO Amitabh Kant. He sa

Used technology to bring transparency: Anil Swarup

Coal secretary Anil Swarup said through technology “we were able to clear projects worth Rs 6 lakh crore” as he laid stress on improving efficiency in PSUs. He said wh

Technology has helped turnaround PSUs, say top officials

The heads of India’s top PSUs on Wednesday deliberated upon the role of technology to turnaround their fortunes and demonstrated how they used their capabilities to make their working absolut

PSUs need to have more effective security, say experts

Transforming PSUs through information and communication technology [ICT] was exhaustively discussed during the second session of the day-long Governance Now India PSU IT Forum held in Delhi. 

Experts moot new age technology

In an interactive session on leveraging new age technologies, such as big data analytics, cloud and industrial internet of things, Alok Khanna, executive director-IS at IOCL said that often people

Effective video surveillance and audit, an imperative

In the session on ‘Managing network, data and physical security’ experts talked about various technologies and ways in which PSUs can take protection measures via technology. Gaurav Tri

Financial restructuring of CPSEs soon

A road map for the financial restructuring of central public sector enterprises (CPSEs) through various mechanisms, including mergers, would be drawn up soon. Also, the government is looking for op

Ministers to decide on additional charge of CMD, MD in CPSEs

 The appointments committee of the cabinet (ACC) has delegated its power to approve additional charge arrangements of the board level posts in central public sector enterprises (CPSEs) to the

NITI Aayog proposes closure of 26 ailing PSUs

NITI Aayog has recommended disinvestment of central public sector enterprises (CPSEs) such as Air India after they are revived. It has also recommended immediate winding up 26 state-run companies

State-run PSUs can take up commercial mining in 16 coal mines

For the first time, the coal ministry expects to discover market-determined prices for coal after it allots 16 coal mines to state government-run companies for commercial mining. The

“We have opened over 36 lakh accounts under PMJDY”

Oriental Bank of Commerce (OBC) has a reason to smile at a time when many of the public sector banks (PSB) are struggling due to bad loans, non-performing assets (NPA) and economic slowdown. Wh

Focus on funding renewable energy projects: Piyush Goyal

The government has asked state-run Power Finance Corp (PFC) and Rural Electrification Corp (REC) to focus on funding renewable energy projects. The minister for power, coal, renewab

NMDC chairman’s term extended till September

The government has extended the term of Bharti S Sihag as the chairman and managing director (CMD) of National Mineral Development Corporation (NMDC), India’s largest iron ore miner, for thre

MTNL to get a full-time CMD soon

 The department of telecommunications (DoT) has formed a search-cum-selection committee to find a full-time chairman and managing director (CMD) of state-run telecom company MTNL, for a period

Government to review NITI Aayog’s proposals for strategic disinvestment

 The government will soon take up proposals for strategic disinvestment of central public sector undertakings, from the list submitted by the government think tank NITI Aayog. 

40 central PSUs are headless

As many as 40 central public sector enterprises (CPSEs) are running without a regular chief executive, parliament was informed today. These include MTNL, Shipping Corporation of India, NMDC and Ras

PSUs asked to contribute to Swachh Bharat pool

The government has turned to state-run companies to contribute to an account created to finance the prime minister`s Swachh Bharat programme. The department of public enterprises (DPE) has sent out

CAG raps HLL for poor market practices

The Comptroller and Auditor General (CAG) of India has heavily criticised the central public sector undertaking (PSU) HLL Lifecare Limited, which makes and markets a range of health care products.

NBCC will soon achieve turnover of Rs 10,000 crore

NBCC (formerly National Buildings Construction Corp), a Navratna PSU, has been growing from strength to strength. Its CMD Anoop Kumar Mittal tells Pankaj Kumar that it

Modi’s statement on PSU show preference for revival

Prime minister Narendra Modi, during his independence day speech on Monday, said that public-sector behemoths like Air India and BSNL are now making profits. His reference to turning around of loss

Air India: The afterlife of the Maharaja

The state-owned ailing flag carrier is in news again. Air India, which has been under losses for over a decade now, has made operating profit estimated at a little over Rs 100 crore in the financia

DPE creating surplus land databank of PSUs

The department of public enterprises (DPE) is creating a databank of surplus land holdings of central public sector units (PSUs) across the country for auction.   The

ONGC Videsh’s stake acquisition in JSC Vankorneft approved

The Cabinet Committee on Economic Affairs has given its approval to an acquisition by ONGC Videsh Limited (OVL) for 11 percent stake in JSC Vankorneft from M/s Rosneft Oil Company (Rosneft), the Na

Cabinet’s nod for Niti Aayog’s proposal for PSU strategic stake

The union cabinet chaired by prime minister c has given in-principle approval to Niti Aayog’s proposal for strategic sale in public sector undertakings (PSUs), on Thursday. The Cabinet meetin

CSR boost

The spending under corporate social responsibility (CSR) by the NSE listed companies has seen a huge increase of 28 percent in 2015-16. The Companies Act (2013) has statutory provisions, making CSR

Department of heavy industries ties-up with IIT-Kharagpur for Make in India

 The department of heavy industries has partnered with IIT-Kharagpur to set up a centre of excellence on advanced manufacturing, in a move to step-up the Make in India initiative. &n

Air India staff strength goes down

There are early signs of a turnaround at Air India. It has increased its revenue per regular employee by over 12% to Rs 1.09 crore in the year. This was achieved by reducing the number of regular e

Just five PSUs at IIT placements

Only five public sector undertakings (PSU) have confirmed their presence for recruitment at the premier IITs.   Most of the IITs had reached out to 80-odd PSUs in the cou

Numaligarh refinery introduces 100% e-invoicing

 Numaligarh Refinery Limited (NRL), based in Assam, has become the first public sector oil company in the country which has completely replaced hard copy of invoices with digitally signed ones

NTPS reduces power consumption, wins award

 Nashik Thermal Power Station (NTPS), part of Maharashtra State Power Generation Company Limited, has reduced the use of the power in the year 2015-16 as against that used in 2014-15, helping

NTPC commissions project ahead of schedule, wins award

 The country’s largest electricity generation station, National Thermal Power Corporation’s (NTPC) Vindhyachal power plant in Madhya Pradesh, has bagged the IPMA International Proj

Demonetisation adversely impacts GAIL

 In what could be seen as a direct impact of demonetization on the transport sector, huge inventories have piled up at Gas Authority of India Limited’s (GAIL) petrochemicals facilities a

PSUs more or less unscathed by market meltdown

Public sector units (PSUs) have suffered less compared to others amid the current market meltdown, limiting notional loss in market value for exchequer, reported Business Standard. T

No proposal to acquire GSPC by ONGC

There is no proposal to acquire Gujarat State Petroleum Corporation (GSPC) by Oil and Natural Gas Corporation Limited (ONGC), minister of state (I/C) for petroleum and natural gas Dharmendra Pradha

BHEL commissions captive power plant at Hazira

 A 93 MW steam turbine-based captive power plant (CPP) has been commissioned by Bharat Heavy Electricals Limited (BHEL) for Reliance Industries Ltd (RIL) at Hazira in Gujarat. 

Strategic disinvestment of Salem Steel Plant approved

The government has given in principal approval of strategic disinvestment of Salem Steel Plant (SSP) – the loss-making subsidiary of the country’s biggest steelmaker Steel Authority of

BSNL posts six-fold jump in operating profit at Rs 3,855 cr in FY16

State-run Bharat Sanchar Nigam Ltd (BSNL) has registered almost six-fold jump in operating profit during 2015-16 fiscal at Rs 3,855 crore from Rs 672 crore in the preceding fiscal. BSNL’s rev

Coal India misses production target

 Coal India Ltd (CIL), a maharatna PSU, produced 323.57 million tonnes (MT) of coal in the first eight months of the current fiscal, reported Press Trust of India. However, the world

PSUs told to submit proposals regarding ports

The shipping ministry held a consultation meeting with various stake holders on ‘Policy for Award of Waterfront and Associated Land to Port Dependent Industries in Major Ports’. The pol

Cabinet gives nod to offload Instrumentation units

 The government has approved the proposal of shutting down the loss-making Kota unit of Instrumentation Ltd and hand over the company’s Palakkad division to the Kerala government.

Dhirendra Veer Singh takes charge as CMD THDCIL

Prior to taking over as CMD, Singh was holding the charge of director (technical) in the mini ratna 1 hydro power firm and his tenure as CMD shall be up to April 30 2021. According to a s

MRPL to raise refining capacity

The company is also looking at scaling up its petrochemical production capacity to clock larger margins, MRPL managing director H Kumar told PTI. “We have asked Engineers India

PSUs to invest Rs 3 lakh crore in hydrocarbon sector: Official

The government expects foreign direct investment in the hydrocarbon sector to pick up, said Department of Industrial Policy and Promotion (DIPP) secretary Ramesh Abhishek who added that the key dri

SAIL’s net loss declines to Rs 730 cr

Country’s largest steelmaker-- Steel Authority of India Limited (SAIL) on Thursday claimed of registering slump in standalone net loss at Rs 730.72 crore for the quarter ended September 30, h

Three PSUs likely to file draft red herring prospectus

 Cochin Shipyard, Hudco and Hindustan Aeronautics are likely to file draft red herring prospectus within a week with market regulator Sebi for their initial public offering (IPOs). &

PSU capex plans not impacted by negative cash flow

State-owned enterprises aren’t holding back on their capital expenditure (capex spends) even though there has been negative cash flows last year. Many are utilising the profits generated in t

Centre considering recasting Air India debt: civil aviation minister

“There is an idea circulating that Air India will do better if its debt is restructured,” union civil aviation minister Ashok Gajapathi Raju told Hindu BusinessLine. The

BHEL gets major order from Chittaranjan Locomotive Works

 The Bharat Heavy Electricals Limited (BHEL) has bagged a major order for the supply of 118 traction converters for 3 Phase 6,000 HP Electric Locomotives. Indian Railways’ Chit

IPOs of PSUs to be speeded up

The cabinet secretariat is likely to issue a directive to the ministries concerned shortly to explain the slackness as well as steps being taken to bring initial public offerings (IPOs) of unlisted

NTPC, NALCO ink MoU for power generation

NTPC Limited and National Aluminium Company Limited (NALCO) have signed a Memorandum of Understanding (MoU) for power generation. A 2400 MW coal based power project will be establis

Govt to give Rs 80 cr grant to Air India

  National carrier Air India will get only Rs 80 crore as additional budget support in the current financial year from the government – much below its demand of Rs 2,200 c

IPRCL to provide rail connectivity to ports

 Rail Vikas Nigam Limited (RVNL) and ministry of shipping’s joint venture,  Indian Port Rail Company Limited (IPRCL), has completed the pre-feasibility study of a heavy haul rail co

PSUs are a great tool for economic development: Babul Supriyo

Public Sector Undertakings are a great tool for economic development and they should do well and make profits, said Babul Supriyo, minister of state, heavy industries and public enterprises, who wa

PSUs are in direct competition with private sector: Ram Vilas Paswan

Public sector today plays a big role in the economy and it is in “direct competition with the private sector”, said Ram Vilas Paswan, union minister of consumer affairs, food and public

Despite privatisation, fantastic growth in PSU sector: Vinit Goenka

We need to build a strong country through a strong PSU community, said Vinit Goenka, member IT taskforce, ministry of shipping, road transport and highways in his opening address at the Governance

PSU, technology are pivotal to India’s growth story: Experts

 Technology can play a crucial role in helping PSUs perform better and strengthen India, said a panel of experts on public policy and business at a panel discussion during Governance Now fourt

ONGC to buy GSPC’s KG basin block

 The Oil and Natural Gas Corp. Ltd (ONGC), a Maharatna PSU, has decided to buy an 80 percent stake and development rights in Gujarat State Petroleum Corp. Ltd’s (GSPC’s) Deen Dayal

SAIL`s Rourkela plant posts best ever crude steel output

 Steel Authority of India Ltd’s (SAIL) unit Rourkela Steel Plant has posted its best ever single day crude steel output of 11,285 tonne from its two steel melting shops — SMS-I and

Aviation ministry to opt balance scorecard model to review PSUs’ performance

The civil aviation ministry is contemplating to begin the performance of public sector undertakings (PSUs) under its aegis on a balance scorecard methodology to put an end to the conventional ways

Need-based sale of four pharma PSUs` surplus land approved

 The union cabinet has approved the sale of surplus land of Hindustan Antibiotics Limited (HAL), Indian Drugs & Pharmaceuticals Limited (IDPL), Rajasthan Drugs & Pharmaceuticals Limite

Indian PSUs: Is a metamorphosis possible?

BSNL was incurring `8,000 crore loss in 2014. But today it has earned an operating profit of `672 crore in just one and half years’ time,” proudly claimed IT minister Ravi Shankar Prasa

Oil PSUs team up for Skill India

Oil PSUs members have come together to set up a Skill Development Institute in Visakhapatnam (SDI-Vskp). The Members, HPCL, IOCL, BPCL, ONGC, OIL, GAIL, EIL and Balmer Lawrie, have taken this initi

BHEL unveils 600 MW thermal plant in Telangana

 A 600 MW coal-based thermal power plant was recently commissioned by Bharat Heavy Electricals Limited (BHEL), a maharatna undertaking, in Telangana. The thermal plant unit has been

Now get discount on online booking of LPG cylinders

 In a bid to encourage people to use digital modes of payments, oil marketing companies -- Indian Oil, BPCL and HPCL -- have decided to offer discount of Rs 5 on every LPG (cooking gas) cylind

Mangalore Refinery, Chennai Petroleum hit 52-week high on BSE

 Shares of refineries and petro products firms – Mangalore Refinery and Petrochemicals (MRPL) and Chennai Petroleum Corporation (CPCL), miniratna one category undertakings – have r

Air India takes on Rajdhani, lowers fares

 In its bid to boost passenger traffic, national carrier Air India has slashed economy class fares to match those offered by Indian Railways premium train—Rajdhani Express on select rout

NTPC and others to announce investments in Gujarat summit

  With only a few days left in Vibrant Gujarat Global Summit 2017, the state government is likely to sign MoUs worth Rs 30 lakh crore, surpassing the investment pledged during the prev

Centre okays 26% strategic sale in BEML

In a significant development, the government has approved 26 percent strategic sale in state-run BEML Limited, a mini-ratna (category-1) public undertaking. A notification to stock exchange

Take GATE to land a PSU job

 The Graduate Aptitude Exam in Engineering (GATE) is turning out to be a sole deciding factor for recruitment of engineering graduates into the coveted Public Sector Undertakings (PSUs), repor

BHEL to build substations to evacuate power from India’s largest solar park

The Bharat Heavy Electricals Limited (BHEL), a maharatna undertaking, has bagged a mega order from Power Grid for the augmentation of three extra high voltage (EHV) substations in Karnataka on turn

NTPC to acquire Rajasthan-based Chhabra power station

 National Thermal Power Corporation Ltd (NTPC) has inked a memorandum of understanding with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUN) and Rajasthan Urja Vikas Nigam Limited (RUVNL) t

OMCs to bear charges on digital transactions at fuel pumps

  State-run oil marketing companies (OMCs) — Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd are likely to bear the bur

Govt invites bids to sell its 51 percent stake in Pawan Hans Ltd

  The department of investment and public asset management under the finance ministry has invited bids to appoint merchant bankers for selling the government’s entire 51 pe

ONGC begins to restore Varanasi kunds

 In order to restore the beauty and serenity of the kunds, Oil and Natural Gas Corporation Ltd (ONGC), an energy maharatna, is all set to clean the four kunds based at Varanasi -- Durga kund,

Steel policy to boost steel production to 300 million tonnes by 2030-31

Minister of steel Chaudhary Birender Singh chaired a meeting of the parliamentary consultative committee attached to the ministry of steel in New Delhi on initiatives taken by the steel ministry to

BHEL commissions 500 MW thermal unit in West Bengal

Bharat Heavy Electricals Limited (BHEL), a Maharatna enterprise, has recently commissioned a 500 MW thermal unit in West Bengal.  The unit was the second 500 MW set to be commissione

Govt approves listing of general insurance companies

The cabinet committee on economic affairs (CCEA) chaired by prime minister Narendra Modi has approved listing of five state-run general insurance companies. The move is aimed at further acceleratin

Alternative mechanism to now assess disinvestment in CPSEs

The cabinet committee on economic affairs led by prime minister Narendra Modi has approved alternative mechanism, to take a call on the quantum of disinvestment in a particular central public sec

ONGC unveils fuel conservation campaign Saksham

Oil and Natural Gas Corporation (ONGC) has unveiled a fuel conservation campaign rechristened as Saksham (Sanrakshan Kshamta Mahotsav). Minister of state for petroleum and natural gas, Dharamendr

BHEL, ABB bag Rs 1,360 cr order for 6,000 MW project

The Bharat Heavy Electricals Limited (BHEL), in association with ABB, has bagged an order from Power Grid Corporation of India Limited. BHEL’s work is valued at Rs1,360 crore for estab

NBCC, Indian Navy sign MoU to build widows hostel

National buildings construction corporation Ltd, (NBCC) Indian Navy and NBCC Services Ltd (NSL) have inked an agreement to build a Sahara Widows Hostel at Vasant Kunj in New Delhi for Indian Navy u

IIM Trichy gets Rs 14 cr from REC for solar panel installation

In order to promote solar energy initiatives, rural electrification corporation ltd (REC)- a Navratna PSU has extended a financial aid of Rs 14.2 crore to Indian Institute of Management, Tiruchirap

Plan of exchanging AAI’s land with Bihar govt approved

The centre has approved the proposal to transfer 11.35 acres of land to airports authority of India (AAI) by way of exchanging equivalent land of AAI with Bihar government to expand the Patna airpo

SAIL’s Bhilai plant gets Rs 1,200 cr universal rail mill

A universal rail mill (URM) built at a cost of Rs 1,200 crore at steel authority of India ltd’s (SAIL) Bhilai steel plant has been unveiled recently. The commencement of the new facili

ONGC becomes first PSU to unveil portal on gender sensitisation

In a first, oil and natural gas corporation (ONGC) has become the first public sector enterprise to introduce a unique portal on gender sensitisation to impart training on prevention of sexual hara

ONGC gets Andhra Pradesh support for oil and gas exploration and production

Andhra Pradesh government and ONGC — a Maharatna PSU signed an agreement on January 27 to take forward all critical oil and gas exploration and production (E&P) activities to the state.

GAIL approves issuance of bonus shares, interim dividend

The gas authority of India limited (GAIL) — a Maharatna PSU has recommended issuance of one bonus share for every three equity shares held of Rs 10 each fully paid up, subject to shareholde

Indian Oil posts net profit of Rs 15,386 cr till Dec 2016

The income from operations for the first nine months of 2016-17 fiscal of Indian Oil was Rs 3,23,120 crore as compared to Rs 3,08,112 crore in corresponding period of 2015-16 fiscal.

NTPC raises 500 mn Euros through overseas bonds

National thermal power corporation (NTPC) limited – a Maharatna enterprise has successfully issued its first Euro denominated bond worth EUR 500 million on January 25.  

Budget 2017: Govt aims for significant reforms in PSUs

The government has made a provision in the 2017-18 budget to raise Rs 72,500 crore through disinvestment of public sector undertakings (PSUs), including listing of IRCTC, IRFC and IRCON which are r

Concessions given to two PSUs

Two Central Public Sector Enterprises (CPSEs) under the Department of Heavy Industry (DHI) have been given concessions. The CPSEs under DHI are incurring losses due to number of fact

Gorakhpur, Sindri units of FCIL to be revived

  The cabinet approval has been obtained to revive the Gorakhpur, Sindri units of Fertilizer Corporation of India Limited (FCIL) and Baruni unit of Hindustan Fertiliser Corporation Limited (HF

NPCIL inks MoU with French public utility for n-reactor

 The French government in January 2016 communicated that French public utility Electricite de France (EDF) was designated to take control of AREVA NP and would be the single point for Indian s

India offers excellent scope for LPG business: IndianOil chief

 With about 72 percent of India`s population living in villages, ensuring LPG access to all Indian kitchens is a both a challenge as well as an opportunity. India offers excellent scope for LP

SAIL Q3 FY17 gross turnover grows by over 25%

Steel authority of India ltd. (SAIL) registered an increase in total sales by 16 per cent and 12.5 per cent for the April-December (9M) period and quarter third (Q3) of 2016-17 fiscal with 9.66 mil

BHEL bags 3.6 MW rooftop solar order

Bharat heavy electricals limited (BHEL) has secured an EPC (engineering, procurement and construction) order for the installation of solar photovoltaic (PV) rooftop systems totalling to 3.6 megawat

Karnataka gets Rs 39 cr from REC to improve power utilities

Several agreements were signed between rural electrification corporation limited (REC) and Karnataka power corporation limited (KPCL) and Bangalore electricity supply company limited (BESCOM) for

Pradhan asks OMCs to expedite allotment of outlets to SC, ST candidates

After finding oil marketing companies (OMCs) lagging behind in meeting their targets, petroleum minister, Dharmendra Pradhan has asked OMCs to step up efforts to allot more retail outlets (ROs) t

SAIL’s Salem plant supplies steel to ISRO’s 104 satellites

The steel authority of India limited (SAIL), a Maharatna enterprise, has added another feather to its cap by supplying steel to Indian space research organisation (ISRO) for the launch of a recor

22 fully functional airports don’t handle a single scheduled flight

As many as 22 operational airports owned and managed by Airports Authority of India in the country do not have scheduled flight operations. However, most of these airports are used for general avia

Some Odisha coal mines not being fully utilised

It is a fact that some of the opencast projects (OCP) of Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited, are not being utilised up to their full capacity despite having good

First coal rake flagged off from NTPC’s coal block in Hazaribagh

The first coal rake of NTPC’s Pakri-Barwadih coal mine at Hazaribagh was flagged-off by finance minister Arun Jaitley, Jharkhand chief minister Raghubar Das, union minister of state for pow

ONGC office wins sustainable building design award

 The state-of-the-art corporate office of oil and natural gas corporation (ONGC), Pandit Deen Dayal Uphadhayay Urja Bhawan,  in New Delhi has won leadership in energy and environmental de

A mirage called disinvestment

The government is getting ambitious. It wants to divest some PSU shareholding and raise a staggering Rs 72,500 crore during the 2017-18 fiscal. The mood is upbeat among finance ministry mandarins d

AAI unveils e-billing solution for navigation service providers, air operators

 State-run Airports Authority of India, a miniratna PSU, in association with international air transport association (IATA) has unveiled a comprehensive e-billing solution—SKYREV360 to h

BEL stake sale gets overwhelming response

 State-run aerospace and defence company Bharat Electronics (BEL), a Navratna enterprise, on the first day of its stake sale by the government aimed to raise Rs 1,650 crore received an overwhe

BEL unveils new weapon system for MBT Arjun tank

 Bharat electronics limited (BEL) has launched a new weapon control system — Remote Controlled Weapon Station (RCWS) / Air Defence Weapon Station (ADWS) for 12.7 mm gun of MBT Arjun Mk I

PSUs under steel ministry must share resources: Minister

Steel minister Chaudhary Birender Singh has directed a high-level coordination committee comprising CMDs and top ministry officials to be constituted for pooling and sharing of resources among PS

Contract for 31 oil fields awarded in Tamil Nadu

The Cabinet Committee on Economic Affairs (CCEA) has approved the award of 31 contract areas as part of the Discovered Small Field (DSF) Bid Round 2016. These fields were offered under new policy f

Contract for 31 oil fields awarded in Tamil Nadu

The Cabinet Committee on Economic Affairs (CCEA) has approved the award of 31 contract areas as part of the Discovered Small Field (DSF) Bid Round 2016. These fields were offered under new policy f

PSU stake sale: SEBI to be urged to extend deadline

  The finance ministry may approach the Securities and Exchange Board of India (Sebi) to relax its August 21 deadline for PSUs to meet minimum 25 percent public shareholding requ

Quick repair of IndianOil`s Mathura-Jalandhar pipeline

Indian Oil Corporation (IndianOil) has repaired the Mathura-Delhi section of its Mathura-Jalandhar pipeline, where an instance of illegal tapping was detected o

REC extends CSR support to AIIMS

Rural Electrification Corporation Limited (REC), a navratna enterprise, has extended support its CSR support to the All India Institute of Medical Sciences (AIIMS), New Delhi.  

BHEL inks MoU with NEERI

Bharat Heavy Electricals Limited (BHEL) has signed an MoU with National Environmental Engineering Research Institute (NEERI) for jointly working on projects related to water and waste water treat

India’s largest petrochemical plant up and running

  Prime minister Narendra Modi on Tuesday dedicated ONGC Petro additions Ltd (OPaL) plant to the nation at a function at Bharuch, Gujarat.   OPaL is

BHEL pays 40% interim dividend for fiscal 2016-17

  Bharat Heavy Electricals Limited (BHEL) has paid an interim dividend of 40% for fiscal 2016-17. In value terms, the dividend paid amounts to Rs 194.8 crore.  

BEL pays Rs 49.21 cr interim dividend to govt

Navratna defence PSU — Bharat Electronics Limited (BEL) has paid an interim dividend of Rs 49.21 crore to the union government for 2016-17 fiscal.

IndianOil allowed to sell JV equity to Lubrizol

The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, has given its in-principle approval to permit Indian Oil Corporation Limited (IndianOil) to sell its 24

Decline of coal stocks at pitheads of CIL, power plants: Goyal

  In 2016-17, there has been decline of coal stocks at pitheads -- the top of a mining pit or coal shaft -- of Coal India Limited (CIL) as well as at power plants, said union min

BHEL’s first 800 MW supercritical power plant begins operation

Bharat Heavy Electricals Limited (BHEL) has commenced commercial operation of its first 800 MW unit - highest-rating coal-based supercritical thermal power plant.   T

NTPC installs India’s largest Floating Solar Photo Voltaic plant

NTPC has installed India’s largest Floating Solar Photo Voltaic Plant at Rajiv Gandhi Combined Cycle Power Plant (RGCCPP) Kayamkulam, Kerala.   The 100 kWp Floa

CGD project launched in Bhubaneswar, Cuttack

Union minister Dharmendra Pradhan has launched the implementation of City Gas Distribution (CGD) project in Bhubaneswar and Cuttack. The event marked an important step towards develo

PSUs invest funds in line with approved business plans

The board of directors of Central Public Sector Enterprises (CPSEs) take decisions as per the delegated powers to invest funds, said minister of state in the ministry of heavy industries and public

IIFCL gives Rs 3.5 crore for cancer treatment

An appeal was made to PSUs to contribute funds under their CSR Scheme towards Health Minister’s Cancer Patient Fund-CSR for treatment of poor cancer patients.   

NTPC plans for 32 GW installed capacity via renewable sources

NTPC Ltd has raised Rs 2,000 crore through green masala bonds in overseas market under its $4 billion medium term note programme, union minister Piyush Goyal informed the Lok Sabha.

PSU performance: Better than expected

Central public sector enterprises (CPSEs) have done quite well despite facing headwinds, according to the Public Enterprises Survey (2015-16) that was tabled in parliament on March 21. Th

NTPC adds highest ever capacity; records highest single day generation

  With commissioning of 800 MW unit at Kudgi in Karnataka, 250 MW unit at Bongaigaon in Assam and 20 MW at Bhadla solar in Rajasthan, the total installed capacity of National The

Petroleum minister flags off ONGC Everest Expedition 2017

In what could be seen as a first of its kind initiative by any corporate to scale Mount Everest, petroleum minister of state, Dharmendra Pradhan flagged off the ONGC Everest Expedition today at a

IndianOil inks POL supply agreement with Nepal Oil Corporation

A memorandum of understanding for supply of petroleum, oils, and lubricants (POL) products was signed between Indian Oil Corporation Limited (IndianOil) and Nepal Oil Corporation (NOC) in the pre

Govt approves disinvestment of SAIL subsidiaries

The government has accorded in-principle approval for strategic disinvestment of three units of Steel Authority of India Limited (SAIL), a Maharatna PSU, namely Visveswaraya Iron and Steel Plant

HAL turnover all time high at 17,406 crores, receives orders worth Rs 21,000 cr

Hindustan Aeronautics Limited (HAL), a Navratna CPSE, has achieved the highest ever turnover of Rs 17,406 crores for the 2016-17 fiscal.    “It is business

CAG spots irregularities among PSUs

  The Comptroller and Auditor General (CAG) has made as many as 57 individual observations relating to 36 Central Public Sector Enterprises (CPSEs), with a total financial implic

NTPC commissions its first wind turbine

 National Thermal Power Corporation (NTPC), which is India`s largest power company, has commissioned its first wind turbine of 2 MW at Rojmal Wind Power Project in Gujarat.  

ONGC CMD nominated to governing body of CSIR

The Prime Minister of India, in his capacity as ex-officio President of CSIR, has nominated Chairman and Managing Director of ONGC limited, Dinesh K Sarraf as a member of governing body of Council

ONGC CMD nominated to governing body of CSIR

The Prime Minister of India, in his capacity as ex-officio President of CSIR, has nominated Chairman and Managing Director of ONGC limited, Dinesh K Sarraf as a member of governing body of Council

REIL’s growth potion: Hop, skip and jump

Rajasthan Electronics and Instruments Limited (REIL), is one of the few profit-making mini ratna central public sector companies. REIL will now become an independent central public sect

BHEL, railways tie-up for rooftop solar photo voltaic systems

 Bharat Heavy Electricals Limited (BHEL), a Maharatna enterprise, has signed an agreement with the railways to install 2 MWp roof top solar photo voltaic (SPV) systems at diesel loco modernisa

Solar power tariff hits all-time low at NTPC auction

National Thermal Power Corporation (NTPC) has set another record by offering lowest solar power tariff at the auction of its 250 MW Kadapa solar park in Andhra Pradesh.   

BHEL unveils two thermal units in Maharashtra

State-owned enterprise, BHEL has commissioned two units of 270 MW capacity at RattanIndia Nasik Power Limited’s thermal power project at Nasik in Maharashtra.  

India and France ink MoU on civil aviation

Airports Authority of India (AAI), a Miniratna PSU, and the French Civil Aviation Authority have signed a memorandum of understanding (MoU) to strengthen technical cooperation programme bet

IndianOil to help Numaligarh Refinery to build a crude oil pipeline

IndianOil Corporation Limited  has signed an agreement with Numaligarh Refinery Limited (NRL) and Paradip Port Trust to help the NRL build a crude oil pipeline from Paradip Port (Odi

Centre to raise Rs 1,200 cr through Nalco disinvestment

The centre has successfully divested 9.2 percent of paid-up capital in the National Aluminium Company Limited (NALCO), a Navratna enterprise, to raise Rs 1,200 crores.  

Nearly three-fold rise in digital transactions at fuel outlets

Minister of state for petroleum, Dharmendra Pradhan has claimed that daily cashless transactions at fuel retail outlets have increased from Rs 150 crores per day to Rs 400 crores per day, following

RSGL, GAIL Gas to set up gas infra in Rajasthan

In a significant step towards setting up of retail gas infrastructure in Rajasthan and opening CNG corridors to connect key cities, a business transfer agreement (BTA) was signed between Rajastha

BHEL’s biggest foreign power project takes off in Bangladesh

Bharat Heavy Electricals Limited’s biggest export order, valued at Rs 10,000 crore for setting up 1,320 MW Maitree thermal power project in Bangladesh has taken-off following the issuance o

99% complaints filed through Twitter resolved: BSNL

 Twitter Sewa unveiled by the ministry of telecommunications last year to resolve users’ complaints through micro blogging site Twitter has yielded fruitful results by resolving 99 perce

NBCC to get technology from Poland for energy efficient buildings

In order to jointly promote, develop and adopt external thermal insulation and composite systems (ETICS) solutions technology in construction of highly energy efficient green buildings, NBCC (Ind

Bangladesh to get high-speed diesel from Numaligarh refinery

A sale-purchase agreement was signed between Numaligarh Refinery Limited (NRL) and Bangladesh Petroleum Corporation (BPC) for supply of high speed diesel (HS

BBNL, BSNL to provide broadband connectivity to 1.3 lakh rural post offices

In order to provide broadband connectivity of BharatNet to post offices in rural areas, Bharat Broadband Network Limited (BBNL), department of posts and Bharat Sanchar Nigam Limited (BSNL) have s

BHEL commissions 3MW solar plant in Dadra & Nagar Haveli

 Bharat Heavy Electricals Limited has commissioned a three Mega Watt solar photo voltaic power plant in Dadra and Nagar Haveli.  BHEL executed this project on a turnkey basis fo

Hydro engineering college to come up in Himachal

 Prime Minister Narendra Modi has laid the foundation stone of hydro engineering college at Bilaspur in Himachal Pradesh. The college, being set up by National Thermal Power Corporat

UP petrol pumps to be re-examined

 Days after the Uttar Pradesh police detected that some fuel outlets were tampering with the fuel calibration system, oil minister Dharmendra Pradhan said that all fuel stations in the Uttar P

Shipping corporation gets another tanker

Shipping Corporation of India Ltd, a Navratna enterprise, has added another Suezmax tanker to its massive fleet of 69 vessels. SCI is the largest shipping company in India, with a tonnage

Mauritius gets patrol vessel from Goa Shipyard

Consolidating its ties with the Mauritius government in the field of Indo-Mauritian defence co-operation, Goa Shipyard Ltd has delivered second fast patrol vessel, MCGS VALIANT to Mauritius Coast G

Govt approves disinvestment of three ITDC properties

The cabinet committee on economic affairs has approved the proposal of disinvestment of hotels/properties of the India Tourism Development Corporation Ltd. (ITDC). The decision on di

Daily price revision of petrol, diesel in five cities begins

Government-owned oil companies— IndianOil Corporation Limited, Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) have started revising petrol and

Over 2.20 cr LPG connections distributed under Ujjwala

Minister of state for petroleum and natural gas, Dharmendra Pradhan said that over 2.20 crore cooking gas connections have been given in the first year of the Pradhan Mantri Ujjwala Yojana (PMUY).

GAIL awards pipeline laying work contracts in Kerala

In order to strengthen natural gas pipeline network in Kerala, GAIL (India) Limited, a Maharatna enterprise, has awarded contracts for pipeline laying work of the Kochi–Koottanad–Mangal

NTPC installs India’s highest temperature drop tube reactor

National thermal power corporation’s NETRA (NTPC Energy Technology Research Alliance) has installed India’s first of its kind, indigenously developed high temperature drop tube reactor

HUDCO IPO over-subscribed by more than 79 times

The initial public offering (IPO) of HUDCO, a Miniratna enterprise, witnessed an exceptional level of interest and the issue was oversubscribed by more than 79 times. This is the hig

NTPC develops fly ash based geopolymer concrete to build roads

 NTPC-NETRA (NTPC Energy Technology Research Alliance) and CSIR-Central Building Research Institute, Roorkee have developed high strength fly ash based geopolymer concrete for construction of

BHEL bags order for steam and power generation package

Against stiff International Competitive Bidding (ICB), Bharat Heavy Electricals Limited (BHEL) has bagged a prestigious order for a steam and power generation package from Ramagundam Fertilizers an

CAG detects shortcomings in Maharashtra PSUs

The Comptroller and Auditor General has noticed shortcomings in Maharashtra PSUs and said that the Maharashtra Airport Development Company Limited even after 14 years of its existence could not dev

OTPC clocks its highest ever annual generation of power

 ONGC Tripura Power Company (OTPC), a joint venture company of ONGC, IL&FS, IDFC and Tripura government, has declared maiden dividend of 7.5 percent of paid-up equity share capital of Rs 1

Restructuring of Hindustan Organic Chemicals approved

 The cabinet committee on economic affairs has approved a restructuring plan for Hindustan Organic Chemicals Ltd. (HOCL), a loss making central public sector enterprise under the department of

GAIL clocks 57% rise in profit after tax in 2016-17 FY

GAIL (India) Limited has registered 57 percent rise in profit after tax (PAT) for the 2016-17 fiscal with the PAT increasing to Rs 3,503 crore from Rs 2,226 crore in the last fiscal.

Pragati Maidan to be turned into exhibition-cum-convention centre

The existing Pragati Maidan complex is set to get a new face with its redevelopment into a world class state-of-the-art integrated exhibition-cum-convention centre (IECC).  

BHEL commissions supercritical thermal power plant in UP

With the commissioning of the third unit of the Prayagraj Super Thermal Power Project (PSTPP), Bharat Heavy Electricals Limited (BHEL) has successfully executed the 1,980 MW coal-based supercriti

Govt to raise Rs 2,360 crore for renewable energy

The cabinet has given it’s green signal to raise bonds of Rs 2,360 crore for renewable energy. The bonds will be raised by the ministry of new & renewable energy (MNRE) through

BSNL unveils satellite phone service

Minister of state for communications (I/C) Manoj Sinha has launched BSNL’s satellite phone service that will be offered to government agencies in phase one and later opened for others. 

Maiden flight of HAL’s light utility helicopter

 Hindustan Aeronautics Limited (HAL) carried out first flight of light utility helicopter (LUH)-PT-2 on May 22 at its Bengaluru-based facility. The flight duration was about 22 minut

IndianOil registers highest ever profit of Rs 19,106 crore

 IndianOil posted a net profit of Rs 19,106 crore for 2016-17 fiscal as compared to a profit of Rs 11,242 crore in the last fiscal. The income from operations for the financial year 2016-17 wa

SAIL supplied 90% steel for Dhola-Sadiya bridge

 Steel Authority of India Ltd. (SAIL) has said that it was the main supplier of steel for constructing Assam’s Dhola-Sadiya bridge, which is the longest bridge in the country.

BHEL registers double digit growth

 Bharat Heavy Electricals Limited (BHEL) has achieved double digit growth and registered profit in 2016-17 fiscal. It has recorded a turnover of Rs 28,840 crore in 2016-17 fiscal, up 1

SAIL improves sales turnover

 SAIL has narrowed down its losses by around 30 percent in 2016-17 fiscal and posted an overall improvement in production, sales and productivity. The steel authority said that its E

Goa Shipyard vessel goes to Mauritius

 MCGS VALIANT, the second fast patrol vessel (FPV) built by Goa Shipyard Limited (GSL) for Mauritius Coast Guard (MCG), embarked on its maiden voyage to Mauritius on May 24. The deli

Nalco inks MoU with ministry of mines

Navratna CPSE National Aluminium Company Limited (Nalco) has signed an MoU with the ministry of mines, setting higher targets in production, productivity, turnover and CAPEX for current FY 2017-18

Canal top solar system at NTPC plant

NTPC has energised 150 kWp canal top solar photo voltaic (PV) System on cooling water (CW) channel at its 2,320 MW Mouda thermal power project, near Nagpur in Maharashtra. The solar

National Policy will make India a quality steel destination: Minister

The National Steel Policy (NSP) will focus on ensuring raw material security, import substitution, enhancing steel consumption, R&D of value added steel, said Chaudhary Birender Singh, minist

Bengaluru gas distribution project takes off

Ananth Kumar, union minister for parliamentary affairs and chemicals & fertilizers, inaugurated the Bengaluru City Gas Distribution (CGD) project to supply eco-friendly natural gas to

BHEL registers increase in intellectual capital

  Bharat Heavy Electricals Limited (BHEL), a Maharatna enterprise, has recorded nearly 14 percent growth in its intellectual capital in 2016-17 fiscal. During the year, a record

BHEL ties up with Japanese firm to make steel coaches

  Bharat Heavy Electricals Limited (BHEL) has entered into a Technology Collaboration Agreement with Kawasaki Heavy Industries, Ltd. (KHI), Japan for the manufacture of stainless steel coaches

GSL holds vendor development program for SC/ST entrepreneurs

 In order to promote increased participation of SC/ST entrepreneurs in the ship building sector, Goa Shipyard Limited organized its first National Vendor Development Program exclusively for mi

RCFL’s offer for sale oversubscribed

 The retail portion of Rashtriya Chemicals & Fertilizers Ltd (RCFL), a Miniratna category one CPSE, offer for sale (OFS) got an overwhelming response from retail investors. Again

MoU signed for redevelopment of railway stations

 An agreement was signed between Rail Land Development Authority (RLDA), an institution under Ministry of Railways, and National Building Construction Corporation (NBCC), an urban development

ONGC Videsh to enter Namibian offshore

 ONGC Videsh has signed agreements with Tullow Namibia Limited (Tullow), a wholly owned subsidiary of Tullow Oil plc, for acquiring 30 percent participating interest in Namibia Petroleum Explo

REC rings the London Stock Exchange opening bell

 Rural Electrification Corporation (REC) Limited, a Navratna enterprise, touted as country’s leading financier in the power infrastructure sector, rang the opening bell at the London Sto

Guwahati airport to get modern surveillance ATC radar

 Guwahati airport is getting state-of-the-art surveillance air traffic control (ATC) radar system. The upcoming radar system is going to cover almost the entire north eastern sky. Ai

IndianOil, LanzaTech to build world’s first gas-to-bioethanol refinery

 Indian Oil Corporation Limited (IndianOil) and LanzaTech, a carbon recycling company, have signed a statement of intent to construct the world’s first refinery off gas-to-bioethanol pro

Raipur airport ranked first in CSI survey

 Raipur’s Swami Vivekananda Airport has ranked first in Customer Satisfaction among 49 airports in the country. The airport achieved  a score of 4.84 in a five point scale

HAL aims for higher revenue

 Hindustan Aeronautics Limited (HAL) has signed an agreement for the financial year 2017-18 with the ministry of defence (MoD). The MoU outlines targets on various performance parame

Reviving SAIL

With an aim to boost production and sales, a committee comprising of members of the ministry of steel, PSUs and technical experts has been set up for the revival of Steel Authority of India Limit

CSL equity issue oversubscribed

Union minister of road transport and highways and shipping, Nitin Gadkari said the government’s commitment to develop infrastructure has bolstered the faith of investors which has resulted in

More CCTV cameras for Chennai and Madurai airports

In order to bolster security, the airports authority of India (AAI) has assessed an additional requirement of 400 CCTV cameras for Chennai and 57 cameras for Madurai airport. At pres

Railways introduces high capacity parcel vans

To meet the demand of full vehicle load perishable traffic, Indian Railways has developed high capacity parcel vans, having capacity of 23 tonnes. These vans are attached to passenger trains subjec

Finance ministry ropes in EESL for energy saving

 In its bid to bring down energy consumption by old government buildings that consume huge amount of power, the ministry of finance has asked central government establishments to install energ

BSNL unveils special tariff voucher for roaming

 BSNL has decided to allow the benefit of voice calling/SMS, special tariff voucher (STV) and combo vouchers in national roaming to its customers on the occasion of 71st Independence day on pa

REC posts profit of Rs 1,890 crore

 Rural Electrification Corporation (REC) Limited’s, total income, as on June 30, has risen to Rs 34,614 crore as against Rs 29,952 crore in the previous corresponding quarter. The profit

First cargo of IndianOil’s crude oil imports from US shipped

 In a big leap aimed at diversifying its crude oil sources and boosting the country’s energy security, IndianOil Corporation has begun crude oil imports from the US. The first

BHEL secures orders from Chile and Estonia

 Bharat Heavy Electricals Limited (BHEL) has added another feather to its cap by securing export orders from Chile and Estonia. This has helped BHEL to expand and consolidate its footprint in

Product differentiation is key to beat competition: SAIL chief

 Steel Authority of India Ltd. (SAIL) chairman, PK Singh, during his recent visit to SAIL’s Rourkela Steel Plant (RSP), laid emphasis on product differentiation and said the enterprise h

Oil minister meets Odisha CM over IOCL impasse

 In order to resolve a tax-dispute between Indian Oil Corporation Limited (IOCL) and government of Odisha, a meeting was held between minister of state (I/C) for petroleum & natural gas Dh

BEML registers record Q1 result

 Defence ministry`s mini ratna category- 1 enterprise, BEML Limited, has clocked a turnover of Rs 632 crore in quarter one (Q1) of current fiscal (April - June 2017) compared to previous year

HPCL gross revenue increases

 Hindustan Petroleum Corporation Limited (HPCL) registered profit after tax of Rs 925 crore during the quarter first of April to June 2017. Revenues for the quarter were Rs 59,891 cr

EESL becomes world’s largest street light company

 Around 30 lakh LED street lights, spread across 50,000 km of roads, have been installed across the country under the centre’s street lighting national programme (SLNP). With this, Energ

Loss making Bharat Wagon and Engineering Co. to be shut

 Ministry of railways’ proposal of closing down Bharat Wagon and Engineering Company Limited (BWEL)  has been accepted by the cabinet committee on economic affairs, chaired by the p

Land swap proposal between AAI and MMRDA approved

 The government on Wednesday gave its approval for transfer of 40 acres of Airports Authority of India’s (AAI) land at Dahisar to Mumbai Metropolitan Region Development Authority (MMRDA)

Jaitley unveils BEL’s advanced testing facilities

Defence minister Arun Jaitley unveiled an academy for excellence and two modern facilities— Electro Magnetic Compatibility (EMC) test facility and Near Field Antenna Test Range (NFATR) at Ben

SAIL pins hope on IISCO plant to increase market share

 Steel Authority of India Ltd. (SAIL) chairman PK Singh has said that IISCO steel plant (ISP) has the potential to enable SAIL to take its market-share in long products from to existing seven

Production of HAL designed helicopter, Hawk-I aircraft begins

 Union minister Arun Jaitley unveiled the production of HAL designed Light Combat Helicopter (LCH) and dedicated upgrade program of Hawk-i (Hawk-India) aircraft to the nation. Jaitle

RITES Ltd turnover rises

 RITES Ltd, a railway ministry enterprise, has for the first time crossed benchmark turnover of Rs 1,500 crore and clocked gross turnover of Rs 1,509 crore in FY 2016-17, which is 18 percent h

Konkan Railway inks MoU with Swiss institute

 Railway ministry enterprise, Konkan Railway Corporation Limited (KRCL), signed an agreement with Zurich-based Swiss Federal Institute of Technology (ETH) on Thursday. The pact will

BHEL launches hydro electric project in Mizoram

 Maharatna PSU, Bharat Heavy Electricals Limited (BHEL), has commissioned the first unit of Tuirial hydro electric Project in Mizoram. This is the first large-rating hydro power project in Miz

IOCL’s first domestic gas and condensate field starts production

 IndianOil Corporation has started production of gas and condensate from Dirok field from August 26, marking advent of its first domestic exploration asset maturing from exploration stage to a

NTPC registers growth

 National thermal power corporation (NTPC) has recorded 12.55 percent growth in power generation in August over corresponding period of last fiscal.  A total of 22.347 billion u

HAL to supply 41 advanced helicopters to army, navy

 Hindustan Aeronautics Limited has signed a contract for supply of 40 Advanced Light Helicopters (ALH) to the army and one ALH to the navy.    The contracts for supply of 4

Myanmar gets diesel from India

 The first consignment of 30 metric tonnes (MT) of high speed diesel (HSD) was sent from India to Myanmar by land route.  Numaligarh Refinery Ltd. (NRL), which has been supplyin

Defence enterprises hand over products to armed forces

 Defence Minister Nirmala Sitharaman laid emphasis on becoming self-reliant in defence production.   She lauded defence public sector undertakings (DPSUs) and ordnan

AAI to build integrated cargo terminal at Imphal airport

 An integrated cargo terminal will be built by Airports Authority of India (AAI) after obtaining grant-in-aid under trade infrastructure for export scheme (TIES) of union ministry of commerce

Rise in coal based thermal power generation

 There has been growth of 17 percent in coal based thermal power generation, primarily due to reduction in hydro power generation by 12 percent, in nuclear power generation by 36 percent and o

AAI plans development of Lucknow, Deoghar, Rajkot and Allahabad airports

The airports at Lucknow, Deoghar, Rajkot and Allahabad would be spruced up by Airports Authority of India to improve and develop infrastructure to meet growing traffic demands. The a

Aiming disinvestment, ITDC properties to be transferred

The central government has agreed to transfer Hotel Jaipur Ashok at Jaipur and Lalitha Mahal Palace Hotel at Mysore of India Tourism Development Corporation Ltd (ITDC) to Rajasthan and Karnataka go

NALCO aims at making country country self-reliant in strategic minerals

In its bid to make the country self-reliant in the areas of 12 strategic minerals that are either not available in India or not available adequately, National Aluminium Company (NALCO), HCL and Min

IOCL pays VAT of Rs 2,935 cr to Odisha

In the resolution of the issue of VAT deferment for Indian Oil Corporation’s (IOCL) Paradip refinery in Odisha, IOCL has made VAT payment of Rs 2,935 crore to Odisha government. The refinery

TRIFED to scale up marketing of tribal products

Ministry of tribal affairs’ PSU— tribal cooperative marketing development federation of India limited (TRIFED) is contemplating to scale up marketing of tribal products through increase

SAIL to leverage domestic growth potential

Steel authority of India (SAIL) chairman PK Singh expressed confidence on improving the performance of the Maharatna PSU in the current fiscal because of a host of initiatives in almost every area

BHEL surpasses 12th plan capacity addition target

Attributing enhanced focus on project execution as the reason behind Bharat Heavy Electricals Limited’s (BHEL) growth, the enterprise’s CMD Atul Sobti said BHEL achieved a capacity addi

Indian Aviation Academy unveiled

Union minister for civil aviation, P Ashok Gajapathi Raju unveiled a new campus of the Indian Aviation Academy (IAA) spread over 5.33 acres. Civil aviation, secretary, R N Choubey sa

RailTel clocks highest turnover of Rs 903 crore

 RailTel has achieved highest ever turnover of Rs 903 crore and clocked a profit before tax (PAT) of Rs 194 crore and net profit of Rs 130 crore in financial year 2016-2017.  Ra

Shipping corporation gets gas carrier vessel

 Shipping Corporation of India Ltd (SCI) has taken delivery of a 2001 Japanese built second hand Very Large Gas Carrier (VLGC) on September 14 at Khor Fakkan in UAE. It has been renamed as Nan

Modi unveils ONGC’s corporate office

 Prime minister Narendra Modi on Monday unveiled ONGC’s new corporate office - Deendayal Urja Bhavan, during the launch of PM Saubhagya Yojna, the government’s flagship scheme to p

NALCO announces Rs 651 crore dividend

 National aluminium company limited (NALCO), a Navratna PSU, in its 36th annual general meeting has approved a total dividend payout of 56 percent.   The total payou

Govt okays transfer of Lko airport land to LMRC

The cabinet has approved the proposal of transfer of land measuring 1,899 sq mt by airports authority of India to Lucknow Metro Rail Corportion (LMRC) at Chaudhary Charan Singh International Airpor

Airports authority unveils national register

The airports authority of India (AAI) which manages 126 airports, including civil enclaves across the country, has come up with a comprehensive national register comprising details of all civil air

Jaitley reviews PSUs’ capital expenditure programme

 Finance minister Arun Jaitley reviewed capital expenditure programme and status of dividend distribution of central public sector enterprises (CPSEs) with secretaries of key ministries includ

India gets lowest wind tariff of Rs 2.64 per kWh

 The wind tariff in India touched the lowest level of Rs 2.64 per kWh in the second wind auction conducted by Solar Energy Corporation of India (SECI)— a ministry of new and renewable en

ONGC Videsh enters Namibian offshore

 ONGC Videsh Limited, an ONGC subsidiary, has completed the acquisition of 30 percent participating interest in Namibia Petroleum Exploration License offshore Namibia from Tullow Namibia Limit

BHEL pays 79% dividend

 Bharat Heavy Electricals Limited (BHEL) has paid a final equity dividend of 39 percent for 2016-17 FY. With this, the total dividend paid during the year stands at 79 percent.  

India receives first crude oil cargo from the US

 The first US crude oil cargo carrying 1.6 million barrel crude oil, bought by IndianOil Corporation (OICL), from the US was received at Paradip port.    The cr

HAL files red herring prospectus with SEBI

 After the government’s decision to sell 10 percent stake in Hindustan Aeronautics Ltd (HAL), the defence PSU has initiated the process of initial public offer with the filing of the dra

AAI invites global airlines to operate from India

 The Airports Authority of India (AAI) has participated in the World Route 2017—a global conference for aviation sector and stakeholders where it invited over 30 key international airlin

SAIL signs pact with POSCO

 Steel authority of India limited (SAIL), India’s largest steel producer, has inked a strategic agreement with POSCO for technical services for the enterprise’s IISCO Steel Plant (

REIL’s mobile app, website unveiled

 A mobile app and website (rajasthanpuc.in), developed by Rajasthan electronics and instruments limited (REIL), was unveiled by Rajasthan’s public works and transportation minister, Yunu

NTPC sets record in continuous power generation

 NTPC Unchahar has added another feather to its cap by setting a national record with 686 days of continuous generation by its 210 MW unit. Unchahar is located at Rae Bareli in Uttar Pradesh w

L&T bid is lowest for EESL’s smart meters tender

 Larsen & Toubro (L&T) has emerged as the lowest bidder of the tender issued by Energy Efficiency Services Limited (EESL), a joint venture company of ministry of power’s PSUs to

100 J&K villages to get electricity by December 2017

 Minister of state for power and new and renewable energy RK Singh has asked the authorities to ensure electrification of 100 electricity-strapped villages in J&K by December 2017. 

BDL signs pact to supply missiles to army

 Bharat Dynamics Limited (BDL) has signed contract with Research Centre Imarat (RCI) for supply of medium range surface-to-air missiles (MRSAM) to Indian Army.  The contract was

BEML showcases products at IREE-2017

 Bharat Earth Movers Limited (BEML), a defence PSU, has showcased its various rail and metro products at International Railway Equipment Exhibition-2017 held at Pragati Maidan in New Delhi. IR

MECON told to enhance capacity utilisation

 Steel minister Chaudhary Birender Singh has asked steel PSU, MECON, to utilise its experience and expertise in metallurgical engineering to enhance capacity utilisation and product improvemen

GSL lays keel of second coast guard offshore patrol vessel

 The keel of the second coast guard offshore patrol vessel (CGOPV) of the new 5 CGOPVs project was laid at the Goa Shipyard Limited. The contract for 5 CGOPVs was signed by GSL with

VMware helps in digital transformation of PSUs

Please shed light on the next frontier for digital technologies by VMware (Cloud, Server and Automation) for the public sector. How does VMware help the digital transformation of PSUs and t

INS Kiltan commissioned into Indian Navy

 INS Kiltan, the third anti-submarine warfare (ASW) stealth corvette built under project 28 (Kamorta class), was commissioned into the Indian Navy by defence minister Nirmala Sitharaman at the

Jaipur airport rated as best airport in survey

 The Jaipur airport has been rated as the best airport in the category of 2-5 million passengers in ACI-ASQ (airports council international-airport service quality) survey at a function held i

BHEL begins execution of 4,000 MW Yadadri thermal power project

 Bharat Heavy Electricals Limited (BHEL) has commenced the execution of the 4,000 MW Yadadri supercritical thermal power project. The order of the project was placed by Telangana State Power G

Bhubaneswar gets PNG supply

 Gas Authority of India Limited (GAIL) has commenced the supply of environment-friendly piped natural gas (PNG) to 255 houses in Bhubaneswar. Minister for petroleum and natural gas and skill d

SAIL told to increase production

 Union steel minister Birender Singh criticised Steel Authority of India (SAIL) officials for tardy progress in critical areas of strategic importance.    The m

HAL hands over Sukhoi engine to IAF

 The 50th AL31FP engine, manufactured by HAL’s Koraput-based Sukhoi engine division, has been handed over to the Indian Air Force (IAF) as part of celebrations of 70th year of India-Russ

Oil PSUs create corpus of Rs 320 crore to support start-ups

 Ten public sector undertakings of ministry of petroleum and natural gas, including IOCL, ONGC, EIL, OIL, NRL, BPCL, HPCL, GAIL and MRPL, have created a corpus of Rs 320 crore to support start

Govt to raise Rs 750 crore through disinvestment of NLCIL

Government is planning to raise Rs 750 crores through disinvestment of five percent of paid-up equity shares of NLC India Limited (NLCIL) through offer for sale (OFS) mechanism. The

Govt receives dividend from Telecommunications Consultants India

Telecommunications Consultants India Ltd. (TCIL) has paid a dividend of Rs 7.082 crore to the government. TCIL has paid dividend of Rs 1,929.87 million to government till s2016-17 fi

IOCL clocks net profit of Rs 8,245 crore

 Indian Oil has registered income of Rs 2,38,828 crore for the first half of 2017-18 fiscal as compared to Rs 2,07,458 crore in the corresponding period of the last fiscal.  The

Nalco rolls out mobile app

 A mobile App — Naginaa (NALCO Grahak Information and Networking App for All) -- was unveiled by National Aluminium Company Limited (NALCO).    “Nag

PSU banks in sweet spot: Report

If the change of perception for PSU banks, post the mega capital infusion scheme is any indication, dilution of government equity up to 52 percent in the state-owned lenders can fetch valuation muc

BSNL launches 4G feature phone

 Bharat Sanchar Nigam Limited (BSNL) has rolled out 4G feature phone that is bundled with mobile services.  The miniratna enterprise has also entered into an agreement with Extr

RINL told to play a vital role as a steel producer

 Ministry of steel’s joint secretary Ruchika Chaudhry has advised Rashtriya Ispat Nigam Limited, a Navratna PSU, to cash in on the huge infrastructure funding by the government to build

Online draw for new LPG distributorship introduced

 Oil Marketing Companies (OMCs) – Indian oil corporation ltd (IOCL), Hindustan petroleum corporation limited (HPCL) and Bharat petroleum corporation limited (BPCL) have decided to open o

Emphasis laid on generation of clean energy

 Union minister RK Singh has laid emphasis on clean power for economic development. Singh, during a consultative committee meeting, reviewed the functioning of NHPC Ltd and implement

Probe ordered as 18 killed in NTPC boiler blast

 An enquiry has been ordered after at least 18 people were killed and dozens were injured when a boiler exploded on Wednesday afternoon in the power generating unit at NTPC Unchahar plant at R

$454 million energy efficiency project launched

 Recognising India’s efforts to have a low emission-economy, the global environment facility (GEF) has partnered with Energy Efficiency Services Limited (EESL), a joint venture of minist

A slick move

Namibia has joined the growing list of countries where India has made investments in oil and gas blocks. ONGC Videsh has acquired a 30 percent stake in an oil block in this southwest African nation

Uttar Pradesh to support GAIL to expedite projects

 Gas authority of India limited (GAIL) has sought support from the Uttar Pradesh government for expeditious implementation of piped natural gas (PNG) connectivity and compressed natural gas (C

Govt receives Rs 74.25 crore dividend from NBCC

 NBCC has declared final dividend of Rs 74.25 crore to the union government for 2016-17 fiscal.  The cheque has been handed over to minister of state (I/C) for housing and urban

Huge scope in helicopter taxi services

 Civil aviation secretary RN Choubey has said that helicopter traffic is much less in India and can be increased immensely.  He added that India has achieved a growth rate of ab

Huge scope in helicopter taxi services

 Civil aviation secretary RN Choubey has said that helicopter traffic is much less in India and can be increased immensely.  He added that India has achieved a growth rate of ab

Chennai airport gets new instrument landing system

 The existing instrument landing system (ILS) at Chennai International airport has been replaced by the Airports Authority of India to provide necessary guidance to pilots as they approach for

Coal India Ltd’s mobile app launched

 Union minister of railways and coal, Piyush Goyal, has launched a mobile app — Grahak Sadak Koyla Vitaran to benefit Coal India Limited (CIL) customers lifting coal through road mode.

Value addition can be a game changer, says SAIL chairman

 SAIL’s Durgapur steel plant (DSP), chairman, PK Singh has laid emphasis on giving value addition to its products and tailoring the product quality rather than focusing only on the volum

Sagarmala project to transform logistics sector, says steel minister

 Steel minister Chaudhury Birender Singh has said the Sagarmala project  would  transform  the  logistics sector  and  change  the  lives  of 

BHEL to build two 765 kV substations in WB

 Bharat Heavy Electricals Limited (BHEL) has secured a major order for setting up two 765 kV substations on engineering, procurement and construction (EPC) basis in West Bengal. Valu

NMDC inks two pacts

 The state-run iron ore miner NMDC Ltd and Institute of Minerals and Materials Technology (IMMT) Bhubaneswar have signed a pact for development of modeling & optimisation of high concentra

BDL clocks turnover of Rs 4,886.62 crore

 Bharat Dynamics Limited (BDL), a defence PSU, has clocked a turnover of Rs 4,886.62 crore for 2016-17 fiscal, registering a growth of 17.46 percent over the previous year. A dividen

SAIL posts 21% net sales revenue growth

 Steel Authority of India Ltd has added another feather to its cap by registering 21 percent growth in net sales revenue of Rs 13,442 crore in the second quarter of current fiscal. In the corr

NALCO posts net profit of Rs 235 crore in Q2

 Ministry of mines’ enterprise, National Aluminium Company Limited (NALCO), has achieved net profit of Rs 235 crore, registering 82 percent growth in the second quarter ended September 2

RailTel enters signaling business

 RailTel, which handles the core expertise of signaling and a resilient optical fiber network across the country, has forayed into signaling business.  The railway PSU’s s

Canadian delegation holds talks with NALCO officials

 A high level technical delegation representing the Canadian industries paid a visit to National Aluminium Company Limited (NALCO) in Bhubaneswar where they held talks. The delegatio

BSNL, Fibre Home to jointly manufacture telecom equipment

 Bharat Sanchar Nigam Limited (BSNL) has inked an agreement with Fibre Home Pvt. Ltd to jointly manufacture telecom equipment and optical fibre cable in BSNL factories. BSNL has seve

Bharat-22 ETF launched to benefit investors

The centre has launched BHARAT-22 exchange traded fund (ETF), managed by ICICI Prudential mutual fund to target an initial amount of about Rs 8,000 crore. The new fund offer is open till November 1

HUDCO told to prioritise affordable housing

 Housing and urban affairs minister Hardeep Singh Puri has asked HUDCO to give more priority to affordable housing under the government’s ‘Housing for All by 2022’ initiative

Coal India despatches 250 coal rakes in a single day

 In order to strengthen coal transportation and coal production, Coal India Limited (CIL) transported 250 rakes of goods train through the railways on November 14, the highest ever in November

NTPC has income of Rs 19,960.35 crore in Q2

 India’s largest power generator - National Thermal Power Corporation Ltd (NTPC), having installed capacity of 51,708 MW, has declared financial results for the second quarter and half-y

Southern air command chief flies Tejas

Air Officer Commanding-in-Chief (AOC-in-C) of the southern air command, Air Marshal RKS Bhadauria flew the multirole fighter jet Light Combat Aircraft-Tejas for 30 minutes from HAL airport.

Govt okays deputation of group A officers to TCIL

 The cabinet has approved the proposal for deputation of group A officers of department of telecommunications (DoT) and other ministries with telecommunication and information technology backg

IOCL, IDCO ink pact to set up plastic park at Paradip

Minister for petroleum and natural gas, skill development & entrepreneurship Dharmendra Pradhan has lauded the state run Indian Oil Corporation and IDCO (Industrial Development Corporation of O

J&K to get additional electricity during winters

In a bid to meet the increase in electricity demand of Jammu & Kashmir during the winters, the centre has decided to allocate an additional 792 Megawatts to the state. The alloca

IOCL launches electric vehicle charging station in Nagpur

The Indian Oil Corporation Ltd (IOCL) in collaboration with Ola has launched the country’s first electric charging station at one of its petrol pumps in Nagpur. Nagpur, being t

GAIL clocks 42% rise in profit after tax in Q2

GAIL (India) Ltd has registered a 42 percent increase in profit after tax (PAT) in the second quarter of the current fiscal. The enterprise gave attributed better performance by liqu

GSL delivers patrol vessel to Coast Guard

 The last of the series of six new offshore patrol vessel (OPV), ICGS Sujay built by Goa Shipyard Ltd, was delivered to the Indian Coast Guard, 34 days ahead of the contractual schedule. GSL h

REC, PVUNL sign pact to build thermal plant in Jharkhand

 REC and Patratu Vidyut Utpadan Nigam Limited (PVUNL) have inked an agreement to set up 3x800 MW Patratu super thermal power project in Jharkhand.  The project cost of Rs 18,668

Brahmos missile successfully flight tested

 Brahmos, the world’s fastest supersonic cruise missile, was successfully flight tested from a Sukhoi-30MKI fighter aircraft against a sea based target in the Bay of Bengal. 

Policy approved for CPSEs’ wage negotiations

 The cabinet has approved the wage policy for the 8th round of wage negotiations for workmen in central public sector enterprises (CPSEs). A PIB release said that the management of t

EESL organises global conference on energy efficiency

Energy Efficiency Services Limited (EESL) on Monday organised the first edition of the International symposium to promote innovation & research in energy efficiency (INSPIRE 2017) in Jaipur.

BHEL to build 6 sewage treatment plants in Raipur

Maharatna enterprise, Bharat Heavy Electricals Limited has won an order to build six decentralised sewage treatment plants (STPs) at Raipur in Chhattisgarh. Raipur Development Author

1.75 lakh Manipur households to get electricity under Saubhagya

Union minister of state (IC) for power and new & renewable energy R K Singh on Tuesday launched Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA) in Manipur. Around 1.75 lak

Aluminum association of India joins hands with Italian associations

Aluminium Association of India (AAI) and Italy’s leading aluminium association ASSOMET & AMAFOND will soon sign a pact for investing in a joint venture in the proposed Aluminium park at A

BHEL commissions Tuirial hydro-electric project in Mizoram

  BHEL has commissioned the second unit of the Tuirial hydro electric project in Mizoram. The Maharatna enterprise said that the unit has been commissioned in less than a hundred days of the c

BEL showcases defence products at Bangkok security expo

 Navratna defence enterprise Bharat Electronics Ltd (BEL) recently participated in the Tri-Service Asian Defense & Security Exhibition, Conference and Networking Event 2017 held at Bangkok

BHEL to modernise Bihar thermal plant

 BHEL has secured an order for the renovation and modernisation of electrostatic precipitators (ESP) at Kahalgaon super thermal power station in Bihar. The Rs 215 crore turnkey order

Patna airport to get a new terminal building

 In its bid to meet the burgeoning passenger traffic, the Airports Authority of India (AAI) has decided to build a modern terminal building at Patna airport at a cost of Rs 800 crore, having p

GAIL hosts oil and gas conclave

 GAIL Limited organised two day-long oil and gas health safety and environment (HSE) conclave for oil and gas enterprises on Friday at Noida GAIL director (projects) and chairman of

“IT/ICT will be a significant game changer in education”

Ending an extended period of stagnation, public sector enterprise Educational Consultants of India Limited (EdCIL) doubled its turnover in 2015-16 and has maintained it for 2016-17. In conversa



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