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 […]
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 […]
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, […]
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, […]
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 […]
Bharat Electronics Ltd (BEL) has secured a Rs. 2,210 crore contract from the Ministry of Defence to supply Electronic Warfare (EW) Suites for Mi-17 V5 helicopters of the Indian Air Force. The indigenously developed systems include RWR, MAWS, and CMDS. BEL’s total orders this fiscal now stand at ₹2,803 crore.
Dr. S. P. Mohanty, MD of Hindustan Urvarak & Rasayan Limited (HURL), delivered an impactful keynote as Chief Guest at SIGMA SUMMIT 2025. His address highlighted the transformative potential of by-products from compressed biogas (CBG) plants—including bio-fertilizers, CO₂, and Hydrogen—as drivers of revenue growth and sustainability. He emphasized bio-alternatives, quality benchmarks, and the importance of […]
NMDC Steel Limited (NSL) has reached a significant milestone in its journey towards stabilization and growth, producing over two million tonnes of hot metal in the financial year 2024-25, ending March 31, 2025. This marks a 100% increase compared to the previous fiscal, when the newly operational plant produced 966,468 tonnes in its initial seven […]
