Category: PSU BUZZ

REC Limited declares 1st Interim Dividend of Rs. 4.25 Per Share for FY 2026-27 : PAT up by 23% from last quarter

Delhi, July 24, 2026: The Board of Directors of REC Limited, today approved the standalone and consolidated financial results for the quarter ended June 30, 2026. Despite a dynamic operating environment, REC sustained a healthy NIM of 3.34%, reflecting the strength of its lending portfolio and disciplined financial management. Consequently, the Company delivered an annualised […]

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NICDC organises cross-learning site visit to AURIC Smart City to Strengthen Industrial Corridor Development

National Industrial Corridor Development Corporation (NICDC), in collaboration with Maharashtra Industrial Township Limited (MITL), commenced a two-day cross-learning site visit to the Shendra-Bidkin Industrial Area (AURIC Smart City), Chhatrapati Sambhajinagar, Maharashtra, on 23 July 2026. The programme has brought together senior officials from State Governments, Special Purpose Vehicles (SPVs), Programme Managers for New Cities (PMNCs), […]

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NBCC signs Rs. 430.69 Crore MoU with Rajasthan Council of Science Education to Upgrade Science Education Infrastructure

New Delhi: State-owned NBCC (India) Limited has entered into a Memorandum of Understanding (MoU) with the Rajasthan Council of Science Education for infrastructure development projects valued at Rs. 430.69 crore (excluding GST). The collaboration is aimed at modernising science education facilities across Rajasthan and creating advanced learning environments for students, educators, and research institutions. Under […]

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Dr. Komal Kapoor assumes charge as CMD & Director (Technical) of ECIL

New Delhi, July 22, 2026: Distinguished scientist Dr. Komal Kapoor has taken over as the Chairman & Managing Director (CMD) and Director (Technical) of Electronics Corporation of India Limited (ECIL), a Schedule ‘A’ Miniratna Category-I CPSE under the Department of Atomic Energy (DAE). Before assuming this role, Dr. Kapoor served as the Chief Executive of […]

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NHAI Enhances Digital Services on RajmargYatra Mobile App with Launch of Digital Local Pass and MargMitra Help Centre

In line with the Government of India’s vision of Digital India and enhancing Ease of Living, NHAI has strengthened the digital ecosystem for National Highway users by introducing two major citizen-centric features on the Rajmargyatra Mobile App, the online ‘Local Passes’ and digitally enabled ‘MargMitra’ Help Centre. The new initiatives are aimed at making National […]

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Vivek Nishant Nath takes charge as Director (Commercial), NMDC

Vivek Nishant Nath assumed charge as Director (Commercial) of NMDC Limited, India’s largest iron ore producer. With over three decades of experience in the metal and mining sector, Vivek Nishant Nath brings extensive experience in sales and marketing, international commercial operations, procurement, logistics and supply chain management. Nath began his professional career with NMDC in […]

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REC Limited to benefit over 1,500 students with 20 Smart Classrooms in Government Schools of West Bengal

Gurugram: REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MoA) with Career Forum for the implementation of a Corporate Social Responsibility (CSR) project titled “Establishment of 20 Smart Classrooms in Government Schools of Alipurduar, West Bengal.” The MoA was signed on July 14, […]

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Rahul Himalian to hold Additional charge as IRCTC CMD from July 20; Railways Announces Interim Leadership

New Delhi: The Ministry of Railways has appointed Rahul Himalian, Director (Tourism & Marketing) at the Indian Railway Catering and Tourism Corporation (IRCTC), to take over the additional charge of Chairman and Managing Director (CMD) with effect from July 20, 2026. The appointment follows the acceptance of the resignation of the existing CMD, Sanjay Kumar […]

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British Standards Institution renews REC’s ISO 31000:2018 recognition for Risk Management

New Delhi, 15 July 2026: REC Limited, a Maharatna CPSE under the Ministry of Power and a leading Infrastructure Financing NBFC, has successfully renewed its ISO 31000:2018 Letter of Recognition for Risk Management Guidelines following a comprehensive reassessment conducted by the British Standards Institution (BSI). The renewed recognition reaffirms REC’s commitment to maintaining globally benchmarked […]

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