Tata Power Solar Systems Limited (TPSSL), a leading solar company in India and a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), announced its strategic partnership with Indian Bank, a leading public sector bank in India to bolster the adoption of solar rooftop among residential consumers. The collaboration aims to facilitate financing solutions under the popular Pradhan Mantri Surya Ghar Muft Bijli Yojana scheme for installations up to 3 KW, as well as extend suppo
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According to the exchange filing, the wholly owned subsidiary of the Company SJVN Ltd. i.e., SJVN Green Energy Limited has incorporated a Joint Venture Company with Assam Power Distribution Company Limited named “SGEL Assam Renewable Energy Limited” issued by the Ministry of Corporate Affairs, Government of India. The Authorized Capital for the incorporation is Rs1000 crore (Rupees One Thousand Crore only). The Joint Venture Company shall carry out business in the field of Power G
Senior Indian Police Service (IPS) officer Nalin Prabhat has been appointed as the Director-General of the National Security Guard (NSG), the country’s counter-terrorism and counter-hijack force. According to official information by the Department of Personnel and Training (DoPT), the appointments committee of the Cabinet has approved the appointment of Nalin Prabhat as the chief of NSG till the date of his superannuation, August 31, 2028. Mr. Prabhat is a 1992 batch IPS officer of t
S&P Global has recently issued a report mentioning the Indian banks to be listed among the best-performing lenders among peers in Asia as three Indian lenders made it to the list of top 50 banks by assets in the Asia-Pacific region in 2023, up from two in 2022. It is considered that much of the increase was due to the merger of HDFC Bank Ltd. with its parent Housing Development Finance Corp. Ltd. in July 2022. HDFC Bank’s assets jumped 51.3% to $466.35 billion after the merger
New Delhi: The Mumbai headquartered non-banking financial company, Mahindra & Mahindra Financial Services Limited announced that the company has detected fraud in its North East Branch due to which the company has delayed its fourth quarter result for the financial year ended 31st March 2024. Mahindra Finance in its BSE filing mentioned that, "We hereby inform you that during the end of 4th quarter of the financial year ended 31st March 2024, a fraud was detected at one of Company&rs
NTPC Bongaigaon committed itself towards a sustainable planet by planting 50 saplings on World Earth Day coinciding. The NTPC Bongaigaon senior management led by Shri K C Muraleedharan, CGM and Business Unit Head, NTPC Bongaigaon planted saplings of varied types at its plant premises.
Mumbai: Shri Pankaj Agarwal, Secretary, Ministry of Power and Mrs. Reenat Sandhu, Ambassador of India to the Netherlands, jointly inaugurated the India Pavilion at the 26th World Energy Congress (WEC) 2024 today. Participated by the Indian Renewable Energy Development Agency Ltd. (IREDA) and other CPSEs under the Ministry of Power, New & Renewable Energy, Coal and Petroleum & Natural Gas, the pavilion serves as a testament to the country's technological progress in the energy and pow
The Direct Tax collections for the Financial Year (FY) 2023-24 stand to Net collections at Rs. 19.58 lakh crore, compared to Rs. 16.64 lakh crore in the preceding Financial Year i.e. FY 2022-23, representing an increase of 17.70%. The Budget Estimates (BE) for Direct Tax revenue in the Union Budget for FY 2023- 24 were fixed at Rs. 18.23 lakh crore which were revised and the Revised Estimates (RE) were fixed at Rs. 19.45 lakh crore. The provisional Direct Tax collecti
In terms of Section 35B of the Banking Regulation Act 1949, RBI has conveyed its approval for the appointment of Shri. Ajith Kumar K.K as the Managing Director & CEO of the Bank for three years with effect from the date of taking charge. The Board of Directors of the Dhanlaxmi Bank has convened in due course to approve the appointment of Shri. Ajith Kumar K.K is the MD & CEO of the Bank and the approval of the shareholders shall be obtained thereafter as per the regulato
NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) have signed a Memorandum of Understanding (MoU), to address the need for pacing green energy objectives and the GOI’s efforts towards carbon carbon-neutral economy. The MoU was signed by Shri Soumya Kanti Chowdhuri, Chief General Manager, NGEL, and Shri Vikas Poddar, Chief Financial Officer (CFO), ITL in the presence of other senior officials from NTPC and ITL. The MoU is to explore joint development of grid-connected
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