Chaudhary Birender Singh, minister for steel, said that the Indian steel industry is at the cusp of a significant milestone by becoming the second largest stainless steel producer in the world, leaving behind Japan. He said that the steel sector
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. While unveiling the new service, Sinha s
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 the Indian Renewable Energy Development Agency (IR
Public sector undertakings (PSUs) can become more efficient only through discipline, said Anil Swarup, secretary, department of school education and literacy, ministry of human resource development. Speaking at the 2nd India PSU IT F
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 supercritical thermal power project in Uttar Pradesh.
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). CMD, India Trade Promotion Organisation (I
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. The rise in profit was boosted
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 chemicals and petrochemicals. The enter
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 1,120 crore amounting to Rs 84 crore for 2016-17 fi
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 develop/expand any airport due to the absence of a co
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 and Chemicals Limited (RFCL). The Rs
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 road. A geopolymer concrete road of 50 m
Cochin Shipyard Ltd, a Miniratna enterprise, is constructing four passenger-cum–cargo vessels for Andaman & Nicobar administration under the Make in India initiative. As per orders placed by the A&N administration, tw
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 highest level of oversubscription witnessed in a dive
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 (DTR) system. It is used for combus
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–Mangaluru pipeline for another 131 km. Th
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). Pradhan said that the PMUY, a flags
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 disinvestment has been made, keeping in view that ma
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 Guard on April 30. “Contract o
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 which has now reached 6.01 million dead weight.
