Hindustan Aeronautics Limited (HAL) has issued a firm clarification regarding misleading reports that negotiations with General Electric (GE) for the indigenous production of GE414 engines had stalled. HAL affirmed that discussions are progressing positively and that no alternate talks are underway with other manufacturers for LCA MK2 engine supplies. The company reiterated its commitment to […]
REC Limited, a Maharatna PSU under the Ministry of Power, has received clearance from the Central Board of Direct Taxes (CBDT) for the issuance of Rs. 5,000 crore worth of Zero Coupon Bonds (ZCBs) with a tenure of 10.5 years. Notified via CBDT Notification No. 52/2025, these bonds will be issued at a deep discount […]
Western Coalfields Limited (WCL), a key subsidiary of Coal India Limited, has achieved a historic milestone by recording its highest-ever Profit Before Tax (PBT) since inception. For FY 2024–25, the company reported a PBT of ₹4375.55 crore, surpassing last year’s ₹4181.67 crore with a growth of 4.64%. This financial leap is attributed to record coal […]
New Delhi, 4 th June 2025: In alignment with the Govt of India’s Beti Bachao, Beti Padhao initiative, India’s largest integrated power utility, NTPC Limited has commenced its flagship Corporate Social Responsibility (CSR) initiative -Girl Empowerment Mission (GEM) for the Summer Workshop 2025 across 41 stations in the country. Building on the success of previous […]
GIFT Nifty has clocked a historic milestone with an all-time high monthly turnover of US $102.35 billion in May 2025, surpassing its previous record of US $100.93 billion from April. As a global benchmark for India’s equity markets, this achievement highlights growing international participation and trust. Since the launch of its full-scale operations on July […]
State Bank of India (SBI) has announced fresh appointments at the General Manager level across several key departments and locations. Pradeep Nair is now the GM of the Central Board Secretariat in Mumbai. A K Suman has assumed charge as GM for Network-III in the Amaravati Circle. Sushil Kumar Singh takes over as GM of […]
REC Power Development and Consultancy Limited (RECPDCL) officially handed over the WRNES Talegaon Power Transmission Limited SPV to Adani Energy Solutions Limited, on May 30, 2025. This project, with an estimated cost of Rs. 1,807.46 crore, is part of the ISTS Transmission initiative under the TBCB route. Adani emerged as the winning bidder and will […]
Prime Minister Narendra Modi marked a landmark occasion by inaugurating the first unit (660 MW) of THDC India Limited’s debut thermal venture — the 1320 MW Khurja Super Thermal Power Project (STPP) — situated in Bulandshahr, Uttar Pradesh. This project represents THDC’s strategic evolution beyond its hydropower roots, venturing boldly into the thermal energy sector. […]
In a significant boost to Siddharth Nagar’s cultural and social infrastructure, Union Minister Shri Manohar Lal, who holds the portfolios of Power and Housing & Urban Affairs, laid the foundation stone for a state-of-the-art 1000-seat Community Auditorium in the district. The upcoming facility is envisioned as a vibrant hub for artistic expression, educational events, and […]
