Category: PSU BUZZ

SECL commemorates Dr. B.R. Ambedkar’s 134th birth anniversary

South Eastern Coalfields Limited (SECL) marked the 134th birth anniversary of Bharat Ratna Dr. B.R. Ambedkar with a solemn celebration at its Headquarters on April 14, 2025. The event was led by SECL Chairman and Managing Director Harish Duhan, who attended as the Chief Guest. He was joined by Director (Technical – Operations & Projects/Planning) […]

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HAL issues clarification on social media claims regarding PwC

Hindustan Aeronautics Limited (HAL) has issued a clarification addressing misleading posts circulating on social media platform X, which claim that PricewaterhouseCoopers (PwC) has been selected to benchmark HAL’s R&D activities. HAL firmly stated that no consultancy firm has been finalized yet for the project. The company had earlier released a Request for Quotation (RFQ) to […]

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NBCC completes E-Auction for residential units at Aspire Leisure Park, Greater Noida (W)

NBCC (India) Ltd. has successfully e-auctioned 560 residential units with a saleable area of 14.60 lakh sq. ft. at Aspire Leisure Park, Greater Noida (W) through an e-auction, garnering a total sale value of Rs. 1153.13 Cr. The high-stake auction witnessed an overwhelming response, with bids significantly exceeding the reserve price. The fund shall mitigate […]

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NBCC closes e-auction for 560 housing units in Greater Noida worth over Rs. 1,153 Cr

NBCC (India) Ltd. has concluded a highly successful e-auction of 560 residential units at Aspire Leisure Park in Greater Noida (West), achieving a total sale value of Rs. 1,153.13 crore for 14.60 lakh sq. ft. of space. The auction received strong interest, with final bids far exceeding the reserve price. Proceeds will help address funding […]

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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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