Author: Staff Reporter

Major reshuffle of IAS officers in Gujarat

The Gujarat government has implemented a significant reshuffle involving 16 IAS officers across various administrative roles. Dilip Kumar Rana has been named Commissioner of Higher Education in Gandhinagar, while Dr. N. K. Meena assumes the role of Municipal Commissioner, Bhavnagar. Among other appointments, Tusharkumar Y Bhatt and Manish Kumar will serve as Collectors of Patan […]

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Odisha government appoints newly promoted IAS officers as Joint Secretaries

The Odisha government has allocated new roles to officers recently promoted to the Indian Administrative Service (IAS) from the State Civil Service. These newly inducted IAS officers, such as Dharam Hansdah, Rina Mohapatra, Lily Kumari Kullu, Aradhana Das, Narahari Sethy, and several others, have been designated as Joint Secretaries in various departments where they previously […]

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HUDCO granted to issue Capital Gain Tax Exemption Bonds under Section 54EC of the Income Tax Act 1961

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 […]

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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 […]

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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 […]

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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, […]

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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, […]

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