New Delhi: Today, PESB has recommended the name of Shri D Sunil Kumar, working as General Manager (Finance) in NCL, for the post of Director (Finance), SECL.  

Tata Communications, the leading global comm tech (communications technology) player, proudly announces that it has been recognized as a Leader in the 2024 Gartner Magic Quadrant for Global WAN Services for the 11th consecutive year. The evaluation from Gartner was based on specific criteria that analyzed the company’s overall Completeness of Vision and Ability to Execute. As per the report, providers in the Leaders quadrant are performing well and maintaining a stable organization,

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: The esteemed Public Enterprises Selection Board (PESB) has chosen Shri R Veerabahu for the pivotal role of Director (Finance) at Braithwaite & Co. Limited (Schedule B). Shri Veerabahu, currently serving as the General Manager (Internal Audit) at the Corporate Office in New Delhi, Bharat Heavy Electricals Limited (BHEL), has been selected to lead the finance function at Braithwaite & Co. Limited.

The Financial Services Institutions Bureau (FSIB) has recommended the appointment of Rana Ashutosh Kumar Singh for the position of Managing Director at State Bank of India and Asheesh Pandey for the position of MD & CEO at Indian Bank, respectively. Mr. Singh is currently Deputy Managing Director (Retail- Personal Banking & Real Estate ) at SBI. The recommending board has so far interacted with 16 candidates on April 23 and 24, 2024 for the position of MD in SBI. India’s larg

New Delhi: REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which REC will provide CVPPL with a financial assistance of Rs 1,869.265 crores as Term Loan. The loan will be utilized for Development, Construction and Operation of the Greenfield 4 x156 MW Kiru Hydro Electric Project on River Chenab, in Kishtwar district of Jammu & Kashmir. The 624 MW

New Delhi: Ministry of Heavy Industries has received bids from seven bidders under global tender for the re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing announced on 24th January 2024. The pre-bid meeting was held on 12th February 2024. The last date for receiving applications was 22nd April 2024 on the CPP portal and the Technical Bids opened on 23rd April 2024. In May 2021, the Cabinet approved the technology-agnost

REC Ltd. has stated that Bhadla-III Power Transmission Limited has been incorporated as a Wholly Owned Subsidiary of REC Power Development & Consultancy Limited (a Wholly Owned Subsidiary of REC Limited). The said company is also a subsidiary company of REC Limited, in terms of the provisions of Section 2(87) of the Companies Act, 2013. REC Power Development and Consultancy Limited (RECPDCL) inter-alia acts as the "Bid Process Coordinator" for the selection of Transmission Servi

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

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