According to the circular, these Directions lay down revised regulatory dispensations for changes in the date of commencement of commercial operations (DCCO) of such projects in the backdrop of a review of the extant instructions and analysis of the risks inherent in such financing. These Directi
Posted Date :  04-05-24

Read more

New Delhi: India's power and energy sector is at a pivotal juncture, undergoing a transformative shift towards sustainability and clean energy technologies. Rather than a mere a compliance exercise, stakeholders across the ecosystem, from customers to regulators to businesses, are increasingly p
Posted Date :  04-05-24

Read more

Mangalore Refinery and Petrochemicals Ltd (MRPL) reported a 40.41 percent decrease in net profit for the fourth quarter of the fiscal year 2023-24, with a recorded amount of Rs 1,136.84 crore, down from the previous year's Rs 1,907.98 crore in the same quarter. However, on a quarter-on-quarte
Posted Date :  04-05-24

Read more

SHRM East Pvt Ltd. (SHRM) hosted the PSE Leadership Forum 2024 on April 19 at the Taj Palace Hotel in New Delhi, bringing together over 100 delegates from 30 PSE and government organizations. The event featured a series of insightful discussions led by industry leaders who are at the forefront of sh
Posted Date :  04-05-24

Read more

Adani Green has reported its Q4 results, revealing a decline in net profit by 70% to Rs 150 crore from Rs 508 crore in the same period last year. Revenue also experienced a marginal decline of 2%, amounting to Rs 2,527 crore compared to Rs 2,587 crore year-on-year. The company's EBITDA witnes
Posted Date :  04-05-24

Read more

New Delhi: Delhi Metro Rail Corporation (DMRC) celebrated its 30th Foundation Day on May 3, 2024, at Bharat Mandapam, New Delhi. The celebration was graced by esteemed dignitaries, including Sh. Anurag Jain, Secretary of the Ministry of Road Transport & Highways, Ministry of Housing and Urban Af
Posted Date :  04-05-24

Read more

New Delhi: Shri R. K. Agrawal, Chairman cum Managing Director, WAPCOS and NPCC conferred with PSU Samarpan Award for his dedication, vision and remarkable leadership towards the advancement of the PSU sector during the PSU Transformation Conclave.
Posted Date :  03-05-24

Read more

New Delhi: The Association of City Gas Distribution (CGD) Entities is a not-for-profit company established under Section 8 of the Companies Act, 2013, with the primary mission of promoting and advancing the City Gas Distribution (CGD) sector in India. Founded on December 30, 2020, and headquartered
Posted Date :  03-05-24

Read more

Adani Green Energy Ltd (AGEL), India’s largest and one of the world’s leading renewable energy (RE) companies, has announced USD 400 million in financing for its under-construction 750 MW solar projects in Rajasthan and Gujarat by a consortium of five leading international banks. It
Posted Date :  03-05-24

Read more

The Reserve Bank of India (RBI) has, by an order dated April 29, 2024, imposed a monetary penalty of Rs 2.00 lakh (Rupees Two lakh only) on The Satara Sahakari Bank Limited, Mumbai, Maharashtra for non-compliance with certain provisions of section 12(2) read with section 56 of the Banking Regulation
Posted Date :  03-05-24

Read more

According to the Gas Exporting Countries Forum (GECF) annual gas market report of 2024, India has become the world's third-largest energy consumer, with its consumption increasing by 15% YoY to 65 BCM in 2023, largely due to a shift from coal to gas for power generation. GECF has forecasted a 6%
Posted Date :  03-05-24

Read more

Dabur India has reported a 16.55 percent jump in its consolidated net profit to Rs 341.22 crore for the March 2024 quarter, aided by cost optimization and expansion of the distribution network. Its revenue from operations during January-March 2024 rose 5.11 percent to Rs 2,814.64 crore, against Rs 2
Posted Date :  03-05-24

Read more

The Department of Personnel & Training (DoPT) has recently appointed Pratima Singh, an officer of the Indian Revenue Service (IRS), as the Director of the Department of Promotion of Industry and Internal Trade (DPIIT). Singh's appointment as Director in DPIIT is for five years from the da
Posted Date :  03-05-24

Read more

Groww, a financial services platform, and Worldline ePayments, a digital payment processing company, have obtained RBI’s license to operate as online payment aggregators. Ramesh Narasimhan, Chief Executive Officer – India, Worldline, said, “We’ve been in the Indian market
Posted Date :  03-05-24

Read more

Coal India Limited, India's largest coal producer Public Sector Undertaking, has announced that its board of directors has recommended a final dividend of Rs 5 per share for the financial year 2023-24. The company disclosed in an exchange filing that the recommendation was made during the boa
Posted Date :  03-05-24

Read more

Maushumi Chakravarty has taken over as the Director General of Akashvani News from May 1. She is a 1991 batch IIS officer with vast experience in various capacities under the Ministry of Information & Broadcasting, including its media organizations the Press Information Bureau and the Central Bu
Posted Date :  03-05-24

Read more

Bajaj Finance announced in an exchange filing that the Reserve Bank of India (RBI) has lifted its restrictions on the company's eCOM and online digital 'Insta EMI Card' businesses. This means that the company can now resume the sanction and disbursal of loans, including the issuance of E
Posted Date :  03-05-24

Read more

New Delhi: The Ministry of Corporate Affairs (MCA) has approved the appointment of Hitesh Kumar Sethia as the Managing Director and CEO of Jio Financial Services for three years starting from November 15, 2023. However, this appointment is subject to the condition that the appointee holds a valid Em
Posted Date :  03-05-24

Read more

Coal India, the world's largest coal producer, reported a mixed bag of results for the fourth quarter of FY23-24. On the positive side, net profit rose 26% to Rs 8,640.5 crore compared to Rs 6,869.5 crore in the corresponding quarter of the previous year. This increase can be attributed to co
Posted Date :  02-05-24

Read more

RailTel Corporation of India, a public sector undertaking under the Ministry of Railways, reported its financial results for the fourth quarter (Q4) of the financial year 2023-24 (FY24) on May 2, 2024.
Posted Date :  02-05-24

Read more