CIL achieved 120% target, over the year’s capex target of Rs. 16,500 Crores. For the fourth fiscal on sequence CIL’s capex breached the budgeted target. With the company focusing on strengthening coal transportation and handling infrastructure in its mining areas, capex under this head was highest among others at Rs.6,070 Crores, 30.6% of the year’s capex spend.  CIL is aiming to have adequate infra in place to evacuate increased quantities of coal produced in fut

Zomato CEO Deepinder Goyal has today announced the launch of India's first large order fleet. The innovative fleet is specifically formed to handle group, party, and event orders, along with enhanced customer experiences and convenience. The CEO highlighted the challenges customers faced with previous delivery options for large orders, stressing that the new fleet aims to address these shortcomings comprehensively. The fleet has the capacity to serve gatherings of up to 50 people, the all

Business Tycoon Elon Musk is going to plan a visit to India this month shortly where he will meet PM Modi to discuss some investing auto plans to commensurate. Here are some facts that can be expected to be discussed. The incumbent Business Legend visit has been sought after the central government announced a new electric vehicle policy, under which import duty concessions will be given to companies setting up manufacturing units in India with a minimum investment of $500 million. This is a m

New Delhi: According to the latest notification issued by the Finance Ministry, the Centre has surged the windfall tax levied on petroleum crude to Rs 9,600 per metric tonne, up 41% as compared to Rs 6,800 currently levied upon. The new rates will come into effect from Tuesday, April 16. The consequence of the announcement has been reiterated by the stocks of some of the major crude refiners, with an opening in the red. The major devastating stocks were Reliance Industries Ltd (RIL), 0.32% lo

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: Shri Deepak Gupta, Director (Projects), GAIL attended the 19th Pipeline Technology Conference held in Berlin from 8th to 11th April 2024, along with the GAIL team. Shri Deepak Gupta was invited as an esteemed speaker in the panel discussion on ‘Pipeline Resilience: Ensuring a Safe and Secure Energy Supply’ along with eminent co-panellists from the global pipeline industry.

New Delhi: Reliable and accessible fixed deposit rates offered by banks are illustrated to be officially in public welfare mode. The monetary redemption is not a cup of tea for investors if investment criteria is not cleared with lenders. The banking industry offers the best ways to secure your money by investing in fixed deposits which not only helps to save money but also helps to earn a substantial interest in it.  The recent report of SBI has shown the exclusive soar in the FD rat

The Public Sector Day 2024 was observed on the 10.04.2024 which was celebrated through a glittering event at SCOPE Complex New Delhi. On this occasion, the first-ever PSUs’ Club, "Scope Social Interaction Centre" was successfully delivered to SCOPE. The project was executed by NBCC Services Limited (NSL), a subsidiary of Navratna CPSE, NBCC (India) Limited. During the occasion, "Scope Social Interaction Centre" was inaugurated amidst esteemed dignitaries, including S

To stimulate the infrastructure of a robust and sustainable National Highway network, NHAI organised a day-long national workshop in New Delhi to discuss different aspects of environmental impact assessment, planning and mitigation for holistic National Highway development.  Chief Guest for the event was Shri Anurag Jain, Secretary, Ministry of Road Transport and Highways. Shri Santosh Kumar Yadav, Chairman NHAI along with Guest of Honour Shri Jitendra Kumar, IFS, DGF&SS, MoEF&CC

The Board of Directors in its meeting held have considered and approved the appointment of Shri V. Balkrishna, General Manager as Chief Financial Officer & Key Managerial Personnel of the Corporation in place of Smt. Jayashree Ranade, General Manager, CFO & KMP of the Corporation, will be retiring from the service on 30th April 2024.