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CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend

CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend

New Delhi: Chennai Petroleum Corporation Ltd, a subsidiary of Indian Oil Corporation (IOC), reported a significant drop in its net profit for the March 2024 quarter compared to the same period last year. Here are the key highlights of CPCL's Q4 results: Financial Performance Consolidated net profit for the January-March FY24 stood at Rs 627.89 crore, showing a 39% decrease from the Rs 1,012.81 crore earnings in the same period last year. The company's revenue from operations was low

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HAL conferred by outstanding PSU of the year award

 Hon’ble Vice President of India Shri Jagdeep Dhankhar bestowed the 'Outstanding PSU of the Year’ award to HAL at AIMA’s Managing India Awards ceremony in Delhi yesterday night. The award was received by Shri C B Ananthakrishnan, CMD (Additional Charge), on behalf of HAL. He thanked AIMA for selecting HAL for the prestigious award. The Hon'ble Vice President congratulated all the winners who he said were thoughtfully picked up by the jury. He praised H

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HAL conferred by outstanding PSU of the year award
RBI takes serious action against Kotak Mahindra

RBI takes serious action against Kotak Mahindra

The Reserve Bank of India, in exercise of its powers under Section 35A of the Banking Regulation Act, 1949, directed Kotak Mahindra Bank Limited to cease, with immediate effect, from- (i) onboarding of new customers through its online and mobile banking channels and, (ii) issuing fresh credit cards. The bank shall, however, continue to provide services to its existing customers, including its credit card customers.

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KABIL inks MoU with CSIR-NGRI for advancing geophysical investigations in critical and strategic minerals sector

Bhubaneswar, 24.04.2024: Khanij Bidesh India Limited (KABIL) has signed a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research - National Geophysical Research Institute (CSIR-NGRI) to foster a long-term collaboration in the field of geophysical investigations to bolster its ongoing projects and activities in critical and strategic minerals.  

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KABIL inks MoU with CSIR-NGRI for advancing geophysical investigations in critical and strategic minerals sector
WCL planted More than 5 lakh saplings in year 2023-24

WCL planted More than 5 lakh saplings in year 2023-24

Environmental protection has always been an important subject for WCL, along with playing an important role in fulfilling the coal requirements of the country, WCL is also making active contribution in environmental protection.  Bioreclamation and large plantations are an important part of the major activities to promote conservation. Taking forward the concept of sustainable development, in the year 2023-24, WCL has planted 5,31,520 saplings on 227.11 hectares of land.

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SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project

New Delhi: SJVN Limited achieved a significant milestone with inauguration of India's first Multi-purpose (Combined Heat & Power) Green Hydrogen Pilot Project at 1500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Jhakri, Himachal Pradesh today. Smt. Geeta Kapur, Chairman & Managing Director, SJVN inaugurated 20Nm3/hr Electrolyzer & 25kW Fuel Cell Capacity based state-of-the-art Green Hydrogen Pilot Project. This project is nation's first Multi-purpose (Combined Heat &

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SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
REC Limited to extend term loan of Rs 1,869 cr for Kiru Hydro Electric Project in Kishtwar, J&K

REC Limited to extend term loan of Rs 1,869 cr for Kiru Hydro Electric Project in Kishtwar, J&K

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

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RITES, DVC collaborate for rail infra works

Gurugram: RITES Ltd., a prime transport infrastructure consultancy, today signed an MoU with Damodar Valley Corporation (DVC), a statutory body under the Ministry of Power, to collaborate for Project Management Consultancy for rail infra works. The partnership aims at finding novel infrastructure solutions for the upgradation, renovation and development of rail connectivity for power plants and surrounding areas.

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RITES, DVC collaborate for rail infra works
Central Region Conference, NIPM at RINL

Central Region Conference, NIPM at RINL

New Delhi: National Institute of Personnel Management (NIPM)-Visakha Chapter in association with RINL, Visakhapatnam Steel Plant, will be jointly organizing a One-day HR Conference under Central Region, NIPM at L&DC, RINL, Visakhapatnam Steel Plant, Visakhapatnam on 26.04.2024. The theme of the Conference is titled “Transformation of Organisation through HR Practices – Employee Experience and Employee Engagement.”  

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GAIL bags International award under Value for Money category

New Delhi: GAIL India Limited has been conferred with the prestigious International award under the category Value for Money by the International Federation of Training and Development Organisation (IFTDO) on April 22, 2024. The award was presented during the 50th IFTDO World Conference & Golden Jubilee Celebrations held in Cairo, Egypt. This recognition is a testament to GAIL’s commitment to developing a highly skilled contractual workforce for its projects.

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GAIL bags International award under Value for Money category

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