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 […]
NSE surpasses 22 crore investor accounts, marks robust retail growth
The National Stock Exchange of India (NSE) has reached a new milestone, crossing 22 crore (220 million) investor accounts as of April 2025—just six months after hitting the 20 crore mark in October 2024. The number of unique registered investors stood at 11.3 crore as of March 31, 2025. Maharashtra leads in investor participation with […]
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 […]
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 […]
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 […]
