The National Stock Exchange of India (NSE) will launch derivatives contracts on the Nifty Next 50 Index (NIFTYNXT50) from Wednesday. Securities and Exchange Board of India (SEBI) has approved derivatives on the Nifty Next 50 Index on NSE. NSE is the world’s No. 1 derivatives exchange in the year 2023 based on contracts traded and will offer three serial monthly index futures and index options contract cycles. According to a study by SEBI (Security and Exchange Board of India), 9 out

DRDO’s Defence Materials and Stores Research and Development Establishment (DMSRDE), Kanpur has successfully developed the lightest Bullet Proof Jacket in the country for protection against 7.62 x 54 R API (Level 6 of BIS 17051) ammunition.  Recently, this bulletproof jacket was successfully tested at TBRL, Chandigarh. This jacket is based upon a new design approach, where novel materials and new processes have been used. The front Hard Armour Panel (HAP) of this jacket defeats mul

New Delhi: Shri Pankaj Agarwal, Secretary, Power, Govt of India and Smt. Parminder Chopra, Chairman and Managing Director of PFC, convened at the PFC Pod, India Pavilion, during the World Energy Congress (WEC) in Rotterdam, the Netherlands. They discussed advancing conservation efforts and achieving impactful outcomes through energy transition and energy-sustainable solutions.

GPT Infra projects Limited (GPT) has announced that the company has bagged the order valued at 487 Crore. The entity awarding the contract is Central Railway, Mumbai. The nature of the contract is construction of new BG line from chain-age 52500 to 83200 in Solapur-Osmanabad section of Solapur Division of Central Railway.  The Contract is in Joint Venture with GPT’s share being 26%. The outstanding order book for the Company now stands at approximately 3,309 Crore with total ord

Armed Forces Medical Services (AFMS) signed a Memorandum of Understanding (MoU) for collaborative research and training with Indian Council of Medical Research (ICMR).   The MoU was signed by Secretary, Department of Health Research & Director General, ICMR Dr Rajiv Bahl, and Director General Armed Forces Medical Services Lt Gen Daljit Singh. The aim of the MoU is to undertake cooperative and collaborative activities, in the field of biomedical research and academics, which w

The Telecom Regulatory Authority of India (TRAI) on Tuesday released the “Indian Telecom Services Performance Indicator Report” for the quarter ending December 31, 2023.  The report shows a significant increase in the total number of internet subscribers, surging from 918.19 million in September 2023 to 936.16 million in December 2023, marking a quarterly growth of 1.96%. As per the report, among these subscribers, the number of wired internet subscribers are 38.57 milli

According to filing made by the company,  the supplementary Joint Venture Agreement -3 has been signed by shareholders of NHPTL viz. NTPC, NHPC, POWERGRID, DVC & CPRI. This agreement is based on the agreed revival plan earlier reached upon within the parties.  The revival plan comprises equity transactions between shareholders with an outcome of revised equity holding of POWERGRID in NHPTL as 50% and remaining fifty (50%) percent of equity to be held equally i.e 12.5 % by t

Bengaluru/Delhi: Hon’ble Vice President of India Shri Jagdeep Dhankhar bestowed the 'Outstanding PSU of the Year’ award to HAL at AIMA’s Managing India Awards ceremony in Delhi yesterday night. The award was received by Shri C B Ananthakrishnan, CMD (Additional Charge), on behalf of HAL. He thanked AIMA for selecting HAL for the prestigious award. The Hon'ble Vice President congratulated all the winners who he said were thoughtfully picked up by the jury. He praised

Abu Dhabi: Shri G Krishnakumar, Chairman & Managing Director of Bharat Petroleum Corporation Limited (BPCL), accompanied by Shri V R K Gupta, Director (Finance) and Barnali Tokhi, Managing Director, BPRL, visited the Onshore 1 block in Abu Dhabi.  This block, operated by Urja Bharat Pte Ltd, a joint venture with a 50% stake from BPRL, holds a special place as the only one in Abu Dhabi operated by an Indian company.  

In a world where effective communication has become an essential skill, NTPC Barauni has taken a step towards empowering students in Govt. schools from Begusarai district through the 'Bindaas Bol' program under the Community Development Plan. NTPC Barauni signed a tripartite MoU with the District Administration, Begusarai, and The Ekalavya Initiative on August 1, 2023 in the presence of Shri Roshan Kushwaha, DM Begusarai, Shri Rajeev Khanna, HOP and Ms. Anuradha Saihgal, CEO, The Ekal