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Mahindra Finance hold up Board Meeting due to fraud detected

Mahindra Finance hold up Board Meeting due to fraud detected

New Delhi: The Mumbai headquartered non-banking financial company, Mahindra & Mahindra Financial Services Limited announced that the company has detected fraud in its North East Branch due to which the company has delayed its fourth quarter result for the financial year ended 31st March 2024. Mahindra Finance in its BSE filing mentioned that, "We hereby inform you that during the end of 4th quarter of the financial year ended 31st March 2024, a fraud was detected at one of Company&rs

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NTPC Bongaigaon plants more than 50 saplings on World Earth Day

NTPC Bongaigaon committed itself towards a sustainable planet by planting 50 saplings on World Earth Day coinciding. The NTPC Bongaigaon senior management led by Shri K C Muraleedharan, CGM and Business Unit Head, NTPC Bongaigaon planted saplings of varied types at its plant premises.

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NTPC Bongaigaon plants more than 50 saplings on World Earth Day
World Energy Congress 2024: Power Secretary and Indian Ambassador Inaugurates India Pavilion

World Energy Congress 2024: Power Secretary and Indian Ambassador Inaugurates India Pavilion

Mumbai: Shri Pankaj Agarwal, Secretary, Ministry of Power and Mrs. Reenat Sandhu, Ambassador of India to the Netherlands, jointly inaugurated the India Pavilion at the 26th World Energy Congress (WEC) 2024 today. Participated by the Indian Renewable Energy Development Agency Ltd. (IREDA) and other CPSEs under the Ministry of Power, New & Renewable Energy, Coal and Petroleum & Natural Gas, the pavilion serves as a testament to the country's technological progress in the energy and pow

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Net Direct Tax collections for FY 2023-24 exceed Union Budget Estimates by 7.40%

The Direct Tax collections for the Financial Year (FY) 2023-24 stand to Net collections at Rs. 19.58 lakh crore, compared to Rs. 16.64 lakh crore in the preceding Financial Year i.e. FY 2022-23, representing an increase of 17.70%. The Budget Estimates (BE) for Direct Tax revenue in the Union Budget for FY 2023- 24 were fixed at Rs. 18.23 lakh crore which were revised and the Revised Estimates (RE) were fixed at Rs. 19.45 lakh crore. The provisional Direct Tax collecti

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Net Direct Tax collections for FY 2023-24 exceed Union Budget Estimates by 7.40%
 Reserve Bank of India approves  Shri. Ajith Kumar K.K as MD and CEO of Dhanlaxmi Bank

Reserve Bank of India approves Shri. Ajith Kumar K.K as MD and CEO of Dhanlaxmi Bank

  In terms of Section 35B of the Banking Regulation Act 1949, RBI has conveyed its approval for the appointment of Shri. Ajith Kumar K.K as the Managing Director & CEO of the Bank for three years with effect from the date of taking charge.   The Board of Directors of the Dhanlaxmi Bank has convened in due course to approve the appointment of Shri. Ajith Kumar K.K is the MD & CEO of the Bank and the approval of the shareholders shall be obtained thereafter as per the regulato

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NTPC Green Energy Limited Inks MoU with Indus Towers Limited

 NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) have signed a Memorandum of Understanding (MoU), to address the need for pacing green energy objectives and the GOI’s efforts towards carbon carbon-neutral economy. The MoU was signed by Shri Soumya Kanti Chowdhuri, Chief General Manager, NGEL, and Shri Vikas Poddar, Chief Financial Officer (CFO), ITL in the presence of other senior officials from NTPC and ITL. The MoU is to explore joint development of grid-connected

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 NTPC Green Energy Limited Inks MoU with Indus Towers Limited
RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI

RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI

 National Payments Corporation of India (NPCI) unveils the ‘RuPay – Link it, Forget it’ campaign at the Indian Premier League (IPL). Conceptualized by DDB Mudra Group, the campaign aims at increasing awareness about RuPay Credit cards which can be linked to a UPI ID, thus directly enabling safe, and secure payments. Commenting on the campaign, Ramesh Yadav, Chief Marketing Officer, NPCI, said, “RuPay's innovative offering of linking credit cards on UPI marks a

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IREDA Reports All-Time High Annual Net Profit of Rs. 1,252 Crore, NPAs Below 1%

 IREDA has achieved an all-time high annual Profit After Tax (PAT) of Rs. 1252.23 crore, marking an impressive growth of 44.83% over the previous fiscal year 2022-23. The company has successfully reduced its Net Non-Performing Assets (NPAs) to 0.99% in FY 2023-24 from 1.66% in FY 2022-23, demonstrating a significant reduction of 40.52% year-on-year. The Board of Directors of IREDA commended the company's exceptional performance and sustained growth during a meeting held today at the

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 IREDA Reports All-Time High Annual Net Profit of Rs. 1,252 Crore, NPAs Below 1%
SECL CMD reached Raigarh area, encouraged for increase in dispatch and production

SECL CMD reached Raigarh area, encouraged for increase in dispatch and production

New Delhi: On 22 April 2024, SECL Chairman and Managing Director Dr. Prem Sagar Mishra visited the Raigarh area. He reviewed the despatch activities from the recently inaugurated Chhal FMC project and encouraged the team to increase the rail despatch and production while taking stock of the mining activities in the recently started Dharam Patch of the Chhal mine. During the tour, Regional General Manager, Raigarh Dr. Hemant Sharad Pandey and other officials accompanied Sir.

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NPCI Bharat Bill Pay Partners with SBI to make NCMC Recharge as New Biller Category

In a bid to further enhance the convenience for travelers, NPCI Bharat BillPay Limited (NBBL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), in collaboration with State Bank of India (SBI), has on-boarded SBI NCMC cards on its Bharat BillPay platform. The category is already live with SBI NCMC cards for Noida Metro, Nagpur Metro, MMRDA Line 2A & 7, Chennai Metro, Kanpur Metro, and Parliament Canteen via the bank’s Bharat BillPay-enabled application, SB

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NPCI Bharat Bill Pay Partners with SBI to make NCMC Recharge as New Biller Category

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