PSU NEWS
NBCC sets up new subsidiary in Oman
NEW DELHI: NBCC today said it has incorporated a subsidiary in Oman to carry out commercial construction activities. It has 70 per cent stake in `NBCC Gulf LLC` and 30 per cent is held by `Al Naba Holding LLC` - a leading business group in Oman, NBCC said in a regulatory filing.
NBCC Gulf LLC is established to carry out commercial construction activities of buildings, roads, airport, harbour, water sewerage and electricity network in Oman, the filing added.
News Must Read
- Shri. Bikram Ghosh takes charge as Director (Finance) in WCL
- SBI to change debit cards maintenance normal from 1 April, 2024
- NMDC excels at Governance Now 10th PSU Awards
- NTPC Group ties up JPY 30 billion funding from JBIC
- Jabalpur Airport connects Madhya Pradesh to other cities
- Best Organisations for Women title to PowerGrid
- Air India Faces Heavy Fine from DGCA of Rs 80 Lakh
- NCL's mega achievement; surpasses 500 Million Cubic Meters of Overburden
- RailTel bags major order from CDAC worth Rs 36 crore
- ICRA withdraws long term rating of NCDs of ONGC