Highlights
Government has received Rs 134 crore from CONCOR as dividend tranche...
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New Delhi: Anup Chandra Pandey appointed as new Election Commissioner..
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New Delhi: LIC Chairman M R Kumar got nine-month extension from Govt..
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New Delhi: India Oil Refiners Shut for Work Before Likely Demand Pickup..
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PFC extended 3 crores support for construction of Dr. KB Hegdewar School..
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New Delhi: NBCC signs MoU with ALIMCO to contribute 100.62 lacs..
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New Delhi: BDL received order of Rs 372.98 crore to supply MRSAM Missile..
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New Delhi: Market-Cap of all good PSUs stood 19.45 Lakh..
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New Delhi:GAIL honored with Golden Peacock Award..
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New Delhi: HSCC's agreement of worth 1,800 crore for upgradation medical projects..
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news
Jindal Stainless supplies special alloy steel sheets in DRDO’s SMART system for Navy
Jindal Stainless, India’s leading stainless steel manufacturer, announced it has developed and supplied 3 mm special alloy steel sheets for structural application in the Supersonic Missile-Assisted Release of Torpedo (SMART) system, aimed at enhancing the Navy's anti-subm
Posted Date : 07-05-24
HIL Ltd. announces appointment of Janat Shah as Independent Director
The company board approved the appointment of Prof. Janat Shah as an Independent Director for a term of five years starting from May 7, 2024. This appointment is based on the recommendation of the Nomination and Remuneration Committee and is subject to approval by the shareholders.
The company ha
Posted Date : 07-05-24
Vedanta Subsidiary Hindustan Zinc announced Dividend prospect for shareholders
The Board of Directors of the Company through a resolution passed by circulation on Tuesday, May 07, 2024, consented by the majority of directors, approved the Interim Dividend of Rs. 10/- per equity share i.e. 500% on the face value of Rs. 2/- per equity share for the Financial Year 2024-25 amounti
Posted Date : 07-05-24
CDSL Q4 result, Net profit doubles to Rs 129 cr in Q4
The depository sector CDSL has reported net profit doubled to Rs 129 crore for the three months ended March 2024. Reportedly, it posted a net profit of Rs 63 crore in the same quarter a year ago, Central Depository Services (India) Ltd (CDSL) said in a statement.
For the entire financial yea
Posted Date : 07-05-24
Tata Communications CloudLyte Opens New Vistas to Edge Computing
Tata Communications, the global comm tech player, has unveiled Tata Communications CloudLyte, a fully-automated edge computing platform, designed to empower future-ready enterprises to thrive in a data-driven world. As businesses become hyperconnected and emerging technologies like 5G and
Posted Date : 07-05-24
ICICI Bank launches UPI for NRIs through international mobile numbers
ICICI Bank has rolled out a new facility allowing its non-resident Indian (NRI) customers to make Unified Payments Interface (UPI) transactions in India using their international mobile numbers. The announcement is expected to enhance the ease of everyday payments for NRIs.
Previously, NRIs had t
Posted Date : 07-05-24
Coal India's revenue amount for govt rises 6.4% to Rs 60,140 cr in FY24
Coal India Ltd, a state-owned company, has contributed Rs 60,140.31 crore to the government exchequer in the financial year 2023-24. This represents a 6.4% increase compared to the previous year. Additionally, the total levies paid to the government in March 2024 amounted to Rs 6,069.18 crore.
Posted Date : 07-05-24
BSNL to launch 4G services across India in August, to manifest self reliance tech
State-owned BSNL plans to launch 4G services using indigenous technology in August, in line with India's "Atmanirbhar" policy, officials say.
The telecom operator officials have promptly operated a peak speed of 40-45 megabits per second in the 4G network which has been rolled out i
Posted Date : 07-05-24
Sitharaman administers Oath of Office to Justice (Retd.) Sanjaya Kumar Mishra as first President of GST Appellate Tribunal
New Delhi: Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman administered the oath of integrity and secrecy to Justice (Retd.) Sanjaya Kumar Mishra as the President of the GST Appellate Tribunal (GSTAT), in New Delhi, today. Justice (Retd.) Mishra’s appointment mar
Posted Date : 06-05-24
Wipro Collaborates with Microsoft to Launch a Suite of GenAI-Powered Virtual Assistants for Financial Services
BENGALURU, India: Wipro, a leading technology services and consulting company, today announced that it is collaborating with Microsoft to launch a suite of cognitive assistants for financial services powered by generative artificial intelligence (GenAI): Wipro GenAI Investor Intelligence, Wipro GenA
Posted Date : 06-05-24
Sterlite Power appoints Reshu Madan as CEO, Global Products & Services Business
Mumbai: Sterlite Power, a leading global developer of power transmission, today announced the appointment of Reshu Madan as Chief Executive Officer, Global Products & Services (GPS) business. He succeeds Manish Agarwal who has decided to pursue an opportunity outside the company. Reshu will work
Posted Date : 06-05-24
An Agreement on Extension signed between US and Armenia
United States: On the 2nd of May 2024, U.S. Ambassador to Armenia Kvien, on behalf of the Government of the United States of America, and Republic of Armenia Minister of Defense Papikyan, on behalf of the Government of the Republic of Armenia, came together to sign an extension of the Agreement betw
Posted Date : 06-05-24
SCOPE promotes overall wellbeing with Health Talk cum Health Screening Camp
Prioritizing well-being and fitness in the Public Sector, the Standing Conference of Public Enterprises (SCOPE) organized a 'Health Talk cum Health Screening Camp' at SCOPE Convention Centre, SCOPE Complex, New Delhi. Shri Atul Sobti, DG, SCOPE; Shri Siba Prasad Mohanty, CMD, HURL addressed
Posted Date : 06-05-24
Indian Bank Q4 results, net profit up by 6 percent on Quarter basis
New Delhi: On 12 monthly basis, Net Profit up by 55% YoY at Rs 2247 Cr in Mar'24 from Rs 1447 Cr in Mar'23. The Board of Directors recommended a dividend of 120% amounting Rs 12 per equity share for FY24 subject to requisite approvals.
In terms of quarter results, Net Profit up by 6
Posted Date : 06-05-24
Shashi Bhushan Singh Appointed Secretary of National Jute Board
Shashi Bhushan Singh, a 2010-batch Indian Railway Traffic Service (IRTS) officer, has been appointed as the Secretary (at the Director level) of the National Jute Board in Kolkata under the Ministry of Textiles.
The appointment, approved by the Central Government, is effective for a five-year ter
Posted Date : 06-05-24
PSU Stocks tumbled amid RBI draft circular on lenders
On Monday, shares of public sector undertaking (PSU) stocks from various sectors were significantly affected by selling pressure. State-run companies like Power Finance Corporation (PFC), REC Ltd, Bharat Heavy Electrical Ltd (BHEL), Bharat Dynamics Ltd, RVNL, Ircon and Mazagon Dock Shipbui
Posted Date : 06-05-24
A New Era of Online Entertainment: The Rise of Live Casino Games and Streaming
The way people enjoy entertainment has changed with the rise of this era, leading us into a new era of deep engagement. Live casino games and streaming platforms have brought changes to how individuals interact with fun, providing real-time interaction and socialising opportunities that were previou
Posted Date : 06-05-24
Renewable energy accounted for 71 per cent of India's new power generation in FY 24
India has achieved a total installed energy capacity of 442 GW, out of which Renewable Energy (RE) accounts for about 33% or 144 GW, and hydroelectricity contributes 11% or 47 GW, according to a report by CEEW Centre for Energy Finance (CEEW-CEF). The share of coal in India's total installed cap
Posted Date : 06-05-24
Paytm share price plunges 4% as president and COO Bhavesh Gupta resigns
Paytm's shares declined over 4.5 percent today following the resignation of its COO and president, Bhavesh Gupta, which was announced in a regulatory filing. The shares of Paytm were trading 3.8 percent lower at Rs 355.25 on the NSE. This year, the stock has fallen 45 percent so far and has sign
Posted Date : 06-05-24
IOB to offload 92 NPA accounts worth Rs 13,472 cr loan outstanding
New Delhi: Indian Overseas Bank (IOB) has announced that it will conduct an e-auction on May 28 to sell off 92 non-performing loans. These loans have an aggregate outstanding amount of Rs 13,471.68 crore.
The public sector lender has invited expressions of interest (EOI) from asset reconstruction
Posted Date : 06-05-24
