Highlights

  • Government has received Rs 134 crore from CONCOR as dividend tranche...

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  • New Delhi: Anup Chandra Pandey appointed as new Election Commissioner..

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  • New Delhi: LIC Chairman M R Kumar got nine-month extension from Govt..

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  • New Delhi: India Oil Refiners Shut for Work Before Likely Demand Pickup..

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  • PFC extended 3 crores support for construction of Dr. KB Hegdewar School..

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  • New Delhi: NBCC signs MoU with ALIMCO to contribute 100.62 lacs..

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  • New Delhi: BDL received order of Rs 372.98 crore to supply MRSAM Missile..

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  • New Delhi: Market-Cap of all good PSUs stood 19.45 Lakh..

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  • New Delhi:GAIL honored with Golden Peacock Award..

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  • New Delhi: HSCC's agreement of worth 1,800 crore for upgradation medical projects..

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NHPC Ltd Q4 results, 16.3 percent decline in net profit

State-owned NHPC Ltd has announced the quarter end results, reporting a 16.3% year-on-year (YoY) decline in net profit at Rs 549.8 crore for the fourth quarter ending March 31, 2024. In the corresponding quarter, NHPC Ltd posted a net profit of ?657 crore. The company's revenue from operation
Posted Date :  18-05-24

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Electric Cars vs. Hybrid Cars: 5 Major Differences

Electric cars and hybrid cars are both environmentally friendly alternatives to traditional gasoline-powered vehicles, but they differ in several key aspects. Here are five major differences between the two: Power Source Electric Cars: Electric cars are powered solely by electricity. They use
Posted Date :  18-05-24

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Wipro Appoints Sanjeev Jain as Chief Operating Officer

The leading technology services and consulting company, Wipro has announced the appointment of Sanjeev Jain as the Chief Operating Officer effective immediately. Sanjeev succeeds Amit Choudhary, who is stepping down to pursue opportunities outside the organization. Sanjeev will report to Srinivas
Posted Date :  18-05-24

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SAIL introduces new initiative under Human Resource

New Delhi: SAIL has introduced the policy of Work from Other than Workplace (WoW), which was launched by Shri Amarendu Prakash, Chairman, of SAIL. Under this policy, an employee will be allowed to work from other than the workplace on undertaking a prescribed self-development activity.  To s
Posted Date :  18-05-24

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HDFC Bank has raised equity shares in SGRL

The largest private lender HDFC Bank has committed to invest around Rs 17 crore for the equity raise in the Housing Finance Company of Sewa Grih Rin Ltd. The exchange filing made by the company is,  that HDFC Bank Limited, currently holding an equity stake of 6.48% on a fully diluted basis i
Posted Date :  18-05-24

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Bandhan Bank Q4 results, Net profit declines 93% to Rs 54.63 crore

Indian private lender Bandhan Bank reported a 93% fall in fourth-quarter net profit as it increased provisions and wrote off bad loans. The bank's net profit stood at Rs 54.63 crore in the three months of ending March 31, down from Rs 808 crore in the same quarter a year ago.  Bandh
Posted Date :  18-05-24

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RVNL Q4 results, net profit rises 33.2%

The Shares of the Railway PSU Rail Vikas Nigam Ltd (RVNL) has surged for the fifth straight session, touching nearly 4 percent after the company reported a positive set of numbers for the quarter ended March 2024. The state-run railway company's net profit rose 33.2 percent on-year to Rs 478.
Posted Date :  18-05-24

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IIFL Securities Q4 shows net profit doubles to Rs 181 crore

IIFL Securities has reported a 109% year-on-year (YoY) rise in its fourth quarter with net profit of Rs 181 crore. Revenue from operations rose 71% YoY to Rs 686 crore during the quarter while total income grew 74% to Rs 704 crore. The revenue from operations grew 60% to Rs 2,161 crore while
Posted Date :  18-05-24

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JSW Steel Q4 results, Profit plunges by 64.5%

JSW Steel has reported a 64.5 percent decline in its net profit to Rs 1,299 crore for the March quarter, due to lower revenues, and one-time tax costs. The steel major company has reported a consolidated net profit of Rs 1,299 crore, down from Rs 3,664 crore reported a year ago in the current fin
Posted Date :  18-05-24

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PFC organised a mass mobilisation campaign

New Delhi: Power Finance Corporation organised a mass mobilisation campaign at DTEA Mandir Marg and Lodhi Estate schools for Swachhta Pakhwada 2024! Students received sanitation kits and refreshments and engaged in an informative session on cleanliness.
Posted Date :  17-05-24

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RBI buyback government securities worth Rs 2,069.99 crore

The Reserve Bank of India (RBI) has bought back government securities worth Rs 2,069.999 crore that is sharply lower than the notified amount of Rs 60,000 crore. On May 10, the central bank said it would buy back Rs 60,000 crore worth of government securities on May 16. As per the central bank
Posted Date :  17-05-24

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BSNL launches indigenous 4G site in Kolkata to boost self reliance

Bharat Sanchar Nigam Limited (BSNL) has launched an indigenous 4G site in Ballygunge Telephone Exchange in Kolkata. The operator is said to cover the whole site with indigenous technology. As per official sources, the telecom operator has been conducting trials to test the capability of the homeg
Posted Date :  17-05-24

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GAIL (India) Limited entered into a 14-year Time Charter Party

New Delhi: Taking another step towards expanding its LNG carrier fleet, GAIL (India) Limited has entered into a 14-year Time Charter Party with Cool Company Ltd (NYSE: CLCO / CLCO.OL, “CoolCo”), a pure play LNG shipping company, for a newbuild LNG carrier. The time charter for the LNG
Posted Date :  17-05-24

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