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 overwhelming response. Besides, quota of non-retail inves
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 help air navigation service provider (ANSP) and air
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 due to the heartening performance of the exchange t
State run enterprise oil and natural gas corporation limited (ONGC) has decided to invest Rs 7,327 crore to develop five projects to produce oil and gas. The decision was taken in its 290th board meeting held on February 23.
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 design (LEED) India ‘platinum’ award by
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 power, coal, N&RE and mines Piyush Goyal, and min
The Panchpatmali bauxite mines of national aluminum company limited (NALCO) has been conferred with a 5-star rating by the ministry of mines. The 5-star rating award, along with a certifica
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 potential for coal production, the Lok Sabha was i
The Israel aerospace industries (IAI) has signed an agreement with Hindustan Aeronautics Limited (HAL) — a Navratna PSU for further supply of Boeing 737 main deck cargo door. A contract to this effect was signed at Aero
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 record 104 satellites in a single rocket on February, 1
The Pune airport has achieved the highest airports council international-airport service quality ACI-ASQ rating of 4.78 and is ranked 29th in the world, followed by Lucknow’s Chaudhary Charan Singh international airport which bagged rating
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) to SC and ST candidates.
Several agreements were signed between rural electrification corporation limited (REC) and Karnataka power corporation limited (KPCL) and Bangalore electricity supply company limited (BESCOM) for extending financial assistance of Rs 39,121 crore
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 megawatt (MW) capacity from the Surat Municipal Corporati
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 million tonnes (MT) and 3.27 MT of saleable steel res
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 LPG business in the coming years, said B Ashok, chai
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 side on all matters related to nuclear power projec
An inter-ministerial task force has recommended shifting of coal linkage of Gujarat State Electricity Corporation Ltd (GSECL) of about 1.2 million tone (MT) from South Eastern Coalfields Limited (SECL) to Western Coalfields Limited (WCL), le
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 (HFCL), said union minister of chemicals and fertiliz
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 factors such as poor order book, shortage of working c
