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Monthly Archives: May 2018

In yet another initiative taken during the ongoingSwachhtaPakhwada, under the aegis of Ministry of Power, Power Finance Corporation has installed a Composter Machine in KalkajiMandir New Delhi. The Bio-waste decomposing machine was inaugurated...

By Staff Reporter on May 31st, 2018

Oil and Natural Gas Corporation has reported a 12 per cent rise in net profit to Rs 4,416 crore for the quarter ended March 31, 2016 helped by a one-off gain compared to Rs 3,935 crore in the corresponding quarter last year. Highlights: Gross Revenue of Rs. 85,004 crore in FY’18, up 9.1% YoY Final dividend of 27% taking total dividend payout in FY’18...

The Central Bureau of Investigation has registered a case U/s 120 B, 204 of IPC r/w Section 7, 12 & 13(2) r/w 13(1) (d) of PC Act, 1988 and U/s 66 of I.T. Act, 2000 against Owner & Promoter of private company based at Asaf Ali Road, New Delhi; his relative (a private person), resident of Bangalore; another private person, resident of Satsang...

Sudha Balakrishnan has been appointed as the first chief financial officer (CFO) of the Reserve Bank. Balakrishnan, a chartered accountant, will hold the rank of executive director. Till now, the central bank did not have a dedicated official handling the finance function, and the tasks were being carried out internally. 0000000...

Deepak Kumar has been appointed as the new Chief Secretary of Bihar. He is a 1984 batch IAS officer. Kumar- who was appointed as Development Commissioner a few weeks ago would take over from the incumbent Chief Secretary Anjani Kumar Singh, who will retire from the service on May 31. Shashi Shekhar Sharma a1985 batch IAS officer has been made new Development...

The CBI has registered a case against Air Asia Group CEO Tony Fernandes and others over alleged violation of norms for getting international flying licenses.Fernandes has allegedly lobbied government officials seeking a relaxation of the 5/20 rule, where companies require five years experience in the aviation sector and own 20 aircraft to be eligible...

Prime Ministers of India and Bangladesh jointly inaugurates NBCC built ‘Bangladesh Bhavan’ at Visva Bharati Campus • A project of Rs 24.22 Crore, Bangladesh Bhavan has been built by NBCC, a Navratna CPSE under the Ministry of Housing and...

By Staff Reporter on May 29th, 2018

The Chief of Personnel, Vice Admiral A.K. Chawla flagging off the All Women Mountaineering Expedition to Mt. Deotibba, in New Delhi on May 28, 2018. All women high altitude expedition to Mount Deotibba (6001 Mtrs) which is located in Himachal...

By Staff Reporter on May 28th, 2018

NBCC (India) Ltd., the State-owned Navratna Enterprise under the Ministry of Housing and Urban Affairs, today announced its Audited finance results for the quarter and financial year ended March 31, 2018. For the financial year ended March 31, 2018, the company has reported a consolidated net profit of Rs. 372.14 crore as against net profit of Rs. 325.49...

ONGC wins Dun & Bradstreet India Award 2018 in the ‘Oil and Gas Exploration’ category. The award recognises exemplary performance in the corporate world and felicitates the top companies across various sectors. ONGC has been...

By Staff Reporter on May 28th, 2018