New Delhi: The table turns for Axis Bank, the bank has emerged as the fourth most valued bank in India, overtaking Kotak Mahindra Bank. This happens when Kotak Mahindra Bank has been stopped by RBI to onboard the new customers online due to security concerns and deficient IT infrastructure.  Due to all this incident, Kotak Mahindra Bank's shares plummeted by nearly 12% on Thursday after the RBI imposed restrictions on the bank, barring it from onboarding new customers digitally and i

New Delhi: The Engineers India Limited (EIL) team is at the forefront of driving innovation and research towards the indigenization of the oil & gas sector while charting a roadmap for Bharat's Energy Self-Reliance. The company has collaborated with reputable industry bodies and academia to develop cutting-edge process technologies, including Sulphur Recovery Units, Diesel Hydrotreating technology, Solvent Dewaxing Deoiling technology, Desalter technology, and more.   

New Delhi: NTPC Kanti was among the first stations to start the GEM program pan NTPC. GEM (Girl Empowerment Mission) program aims to empower girls by providing them with education and skills necessary for their holistic development. NTPC Kanti inaugurated the Girl Empowerment Campaign 2024 on Thursday. The program was inaugurated by Mr. Manoj Sinha, General Manager (Contracts and Materials & Technical Services). A total of 40 girls from various villages of Kanti Block are participating in

 The Reserve Bank of India has come out with regulations under Foreign Exchange Management (FEMA) to provide stimulation to Indian companies for international listing exchanges. The Regulations are provided through two public notifications. The first set of regulations deals with the mode of payment and reporting of non-debt instruments. “The proceeds of purchase or subscription of equity shares of an Indian company listed on an International Exchange shall either be remitted

The Insurer-giant PSU LIC has reduced its stakes in the largest investor in State-owned Banks and OMCs, trimming its exposure on PSUs.  During the last year, the average holding in 20 PSBs has come down to 11.9% from 12.7%. On an average period of two years, LIC has reduced its stake in most of public sector banks (PSBs) with Bank of Baroda seeing the biggest reduction of nearly five percentage points (ppts) since June 2015.

New Delhi: Coal India organised a training program for Capacity building for Mining contracts. Dr. B. Veera Reddy, Director (Technical), Coal India Limited/Additional Charge, Chairman and Managing Director, Central Coalfields Limited, inaugurated the programme virtually. 

BHEL is set to play a major role in the significant thermal capacity addition plan of Govt. of India by 2031-32 and is equipped to capitalise on these emerging opportunities. The company aimed at further strengthening to meet upcoming execution challenges along with its contractors and suppliers, the company’s Central Procurement Cell (CPC) organised a business associates meet to get their views for expeditious execution.

New Delhi: A Ministerial Round Table Conference was held on 24th April, 2024, at the ongoing 26th edition of World Energy Congress in Rotterdam, Netherlands. The Round Table Conference discussed how the COP28 UN Climate Change Conference in Dubai was a game changer. The Ministerial Round Table also discussed energy innovation and collaboration, and implications in managing the evolving energy trilemma trade-offs. The Round Table, held on day three of the World Energy Congress, was attended by

New Delhi: In a significant step towards sustainable development in India, REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, has successfully availed a Green Loan of Japanese Yen (JPY) 60.536 billion to finance eligible green projects in India. The green loan facility benefits from an 80% guarantee by Italian Export Credit Agency, SACE (Italy) under their innovative Push Strategy programme. The arrangement between SACE and REC is a breakthrou

New Delhi: Smt. Geeta Kapur, Chairman & Managing Director, SJVN Limited today visited under construction 382 MW Sunni Dam and 210 MW Luhri Stage-1 Hydro Electric Projects.  At Sunni Dam Project, Smt. Geeta Kapur inaugurated the commencement of civil works from Adit to Power House Crown with a ceremonial blast on right bank of Satluj river in Marola, Distt Mandi (HP).