Housing and Urban Development Corporation Limited (HUDCO) has been notified to issue Capital Gain Tax Exemption Bonds under Section 54EC of the Income Tax Act 1961, w.e.f. 1st April, 2025 by the Central Board of Direct Taxes, Ministry of Finance, Government of India. With this announcement, HUDCO has now joined the select few PSUs offering […]
PFC pays fourth Interim dividend of Rs. 647 crore to Government of India for the financial year 2024-25
New Delhi: Power Finance Corporation (PFC), a Maharatna Company and a leading NBFC in the power sector has paid Rs 647 crore to the Govt. of India as the Fourth Interim Dividend for the financial year 2024-25. During Financial Year 2024-25, PFC paid dividend of Rs. 5363 Crore (including the final dividend for FY 2023-24 […]
Signing of Memorandum of Understanding by HUDCO with MMRDA
Housing and Urban Development Corporation Limited (HUDCO) signed a Memorandum of Understanding (MoU) with Mumbai Metropolitan Region Development Authority (MMRDA), Maharashtra, on 8th April, 2025 at Mumbai. The MoU establishes a framework for cooperation between HUDCO and MMRDA wherein HUDCO shall explore and provide funds up to Rs.1,50,000 Crore over a period of five years […]
IndianOil Signs MoU with Government of Odisha for Rs. 61,077-Crore Mega Petrochemical Project in Paradip
In a landmark development, Indian Oil Corporation Ltd. (IndianOil) signed a Memorandum of Understanding (MoU) with the Government of Odisha to set up a world-class Petrochemical Complex at Paradip. The MoU was exchanged in the presence of Mr. Hardeep Singh Puri, Hon’ble Minister of Petroleum and Natural Gas, Mr. Dharmendra Pradhan, Hon’ble Minister of Education, […]
PFC Signs MoU with MMRDA to provide Rs. 1 Lakh Crore Financial Assistance for Infrastructure Projects in Mumbai Metropolitan Region
Power Finance Corporation (PFC), a Maharatna Company and a leading Non-Banking Financial Company (NBFC) in the Indian power sector, has signed a Memorandum of Understanding (MoU) with Mumbai Metropolitan Region Development Authority (MMRDA) on 08 th April 2025 during the “India Global Forum (IGF) Mumbai’s NXT25: Leading the Leap Summit” at Jio World Convention Centre, […]
Ground breaking ceremony for 50 MW Solar Power project in Sri Lanka
Hon’ble Prime Minister of India Shri Narendra Modi and Hon’ble President of Sri Lanka H.E. Anura Kumara Disanayake jointly launched the Ground Breaking Ceremony of 50 MW (extendable to 120 MW) Solar Power Project in Sri Lanka on 05.04.2025. This ground breaking ceremony has been a part of agenda of visit of Hon’ble Prime Minister […]
Vikas Anand is appointed as Secretary to the Chief Minister of Delhi
Vaibhav Saxena joins NIA as SP
BEL bags Rs. 2,210 crores deal for Air Force EW Suite
Bharat Electronics Ltd (BEL) has secured a Rs. 2,210 crore contract from the Ministry of Defence to supply Electronic Warfare (EW) Suites for Mi-17 V5 helicopters of the Indian Air Force. The indigenously developed systems include RWR, MAWS, and CMDS. BEL’s total orders this fiscal now stand at ₹2,803 crore.