Bhubaneswar: The 19th half-yearly meeting of Bhubaneswar Town Official Language Implementation Committee (Undertakings) was organized today at NALCO’s Corporate Office. Shri Sridhar Patra, Chairman-cum-Managing Director of NALCO, presided over the meeting. In the meeting, Shri Nirmal Kumar Dubey, Head, Regional Implementation Office (East), Department of Official Language, Ministry of Home Affairs, Government of India, was notably present as the representative of Govt of India and reviewed

As per the circular, the ceiling on bank credit linked to the Net Owned Fund (NOF) of NBFCs has been withdrawn in respect of all NBFCs that are statutorily registered with RBI and are engaged in the principal business of asset financing, loan, factoring, and investment activities.  Accordingly, banks may extend need-based working capital facilities as well as term loans to all NBFCs registered with RBI and engaged in infrastructure financing, equipment leasing, hire-purchase, loan, facto

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.

According to a 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 the other f

There has been a concerning uptick in Non-Alcoholic Fatty Liver Disease in youngsters, especially among women between the age group of (20-40) with a 15% rise over the past decade. Once considered a condition primarily affecting adults with a history of alcohol abuse, NAFLD is now emerging as a significant health issue among the youth. Non-alcoholic fatty liver disease, often called NAFLD, is a liver problem that affects people who drink little to no alcohol. In NAFLD, too much fat builds up in

New Delhi: Steel Authority of India Limited won the All India Public Sector Volleyball Tournament 2024 held at Bhopal from 15 – 18 April 2024 organized by the All India Public Sector Sports Control Board (AIPSSCB). Earlier, SAIL had also emerged as the champion in the All India Public Sector Hockey Tournament, also organized by AIPSSCB, beating Food Corporation of India in Bhubaneswar, recently. In the All India Public Sector Volleyball Tournament, SAIL beat OIL India (3-0) to become th

New Delhi: An incredibly proud moment for Mahanadi Coalfields Limited (MCL)! Today, the company felicitates Shri Animesh Pradhan, a shining star from MCL family.  Securing the remarkable 2nd position in the all-India merit of the coveted Civil Services Examination-2023 conducted by UPSC is a testament to his exceptional talent and hard work. 

New Delhi: WAPCOS Limited a “MINI RATNA-I” Public Sector Enterprise invited the application for the post of Director (Commercial and HRD) for the eligible candidates. JOB DESCRIPTION AND RESPONSIBILITIES ARE: Director (Commercial & HRD) is a member of Board of Directors and reports to Chairman and Managing Director. He/She is responsible for the entire commercial operations of the company. He/She will have to carry out contract negotiations, make technical presentations and d

New Delhi: The Reserve Bank has received 13 applications to set up banks under the Guidelines for 'on tap' Licensing of Universal Banks and Small Finance Banks.  The names of these applicants were given in the press releases on April 15, August 30, December 31, 2021, January 04, 2023 and January 08, 2024. The decision on nine of these applications was announced via press releases on May 17, 2022 and July 04, 2023.

Embarking on a new journey and part of Public Sector Day celebrations, Standing Conference of Public Enterprises (SCOPE) inaugurated the first-of-its-kind 'SCOPE Social Interaction Centre' (SSIC), at SCOPE Complex, Lodhi Road, New Delhi. SSIC was inaugurated by Shri Sandeep Kumar Gupta, Chairman, SCOPE & CMD, GAIL in the presence of Shri Atul Sobti, Director General, SCOPE; Shri Brajesh Kumar Upadhyay, Vice-Chairman, SCOPE & CMD, Goa Shipyard; Dr. Vasundhara Upmanyu, Joint Secret