Hyderabad: In an embodiment of its ethos - 'Naukri ke sath bhi, Naukri ke baad bhi' - The Responsible Miner NMDC has taken a significant leap in digital innovation by launching the Ex-Employee Portal “Samman.” This initiative was launched on 28th March 2024 at the company's Head Office in Hyderabad, by the CMD (Addl. Charge) Shri Amitava Mukherjee in presence of Shri Vinay Kumar, Director (Technical), Shri B. Vishwanath, CVO, Heads of Projects, Head Office department h
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New Delhi: On Friday, Shri B. Sairam Chairman-cum-Managing Director (CMD), Northern Coalfields Limited (NCL) paid a courtesy visit to the Honorable Chief Minister of Madhya Pradesh, Dr. Mohan Yadav in Bhopal and informed him about the contribution of NCL in nation building.
New Delhi: BPCL Kochi Refinery conferred with the "Kerala Best Employer Brand Award 2024" in the PSU category. The award instituted by the World HRD Congress is the culmination of the research on Organizations, Leaders and Teams who have contributed during the last 2 years amidst all adversities, especially post the pandemic.
New Delhi: National Aluminium Company Limited (NALCO) a Schedule ‘A’ Navratna CPSE launched a new product (AL-59) in the form of Aluminium Alloy Ingot. This futuristic product, launched by Shri Sadashiv Samantaray, Director (Commercial), will help in producing conductors for electrical transmission & distribution. Chairman and Managing Director NALCO Shri Sridhar Patra congratulated the Smelter & Marketing team for launching the new product.
The Insurance Regulatory and Development Authority of India (IRDAI), has announced the compulsory digitisation of insurance policies starting April 1, 2024, making insurance policies available in electronic form. Under this directive, all insurance policies across various categories, including life, health, and general insurance, will be issued electronically. Purportedly, the initiative provides a multitude of benefits for policyholders, ranging from enhanced convenience to highl
The government e-marketplace has totaled around ? 4 lakh crore in Gross Merchandise value (GMV) - doubling its GMV clocked at the end of the previous Fiscal Year. This testifies to the portal’s unique digital capabilities and functionalities that have facilitated greater efficiency, transparency, and seamlessness in public procurement. Nearly 50% of this GMV has been attributed to the procurement of Services, displaying a remarkable surge of 205% in terms of Services procured
The central bank claimed that due to the “Annual Closing of Accounts,” there will be temporary unavailability of exchange and deposit services. However, the facility will resume on Tuesday. About 2.4% of the just-withdrawn Rs 2,000 banknotes are still in circulation, as the six months of the deadline to deposit or exchange them at bank branches is over.
Life Insurance Corporation of India (LIC) has been recognized as the leading insurance brand, floating with a substantial brand value of US$ 9.8 billion, a brand strength index score of 88.3, and an esteemed AAA brand strength rating has been touted by the Brand Finance Insurance 100 2024 report. The report also highlights Cathay Life Insurance as the second strongest brand, experiencing a 9% growth in brand value to reach US$ 4.9 billion, followed by NRMA Insurance, which w
The Borrowing includes fundraising through Taxable Bonds/Green Taxable Bonds/Sub-ordinated Tier-II Bonds/Perpetual Debt Instruments (PDI)/ Green Masala Bonds/Green Foreign currency bonds (USD/EUR/JPY)/Foreign currency bonds (USD/EUR/JPY)/Term loan from Banks and FI’s from domestic market/Lines of credit from international agencies/Public & private placement of Tax-free bonds/Capital Gains Bonds/Commercial Papers/Short term loans/CC/WCDL from Banks/Foreign Currency Non-Resident (FCNR -B
The board members of Canara Bank have accorded approval for initiating the process of diluting a part of its stake by listing its subsidiary, Canara Robeco Asset Management Company Ltd (CRAMC), on the stock exchange through an initial public offering (IPO). The CRAMC consists of Canara Bank’s joint venture with Orix Corporation, Japan, with the bank holding a 51 percent stake. The public sector bank has decided to dilute 13 percent of its stake by listing CRAMC on the stock exchan
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