Category: PSU BUZZ

HUDCO hands over interim dividend 2024-25 cheque to Union Minister of Housing and Urban Affairs

Union Minister of Housing and Urban Affairs, Shri Manohar Lal, was presented with a cheque of Rs. 307.79 crore by Shri Sanjay Kulshrestha, CMD HUDCO, as interim dividend payout (for FY 2024-25) to the Government of India, in the presence of Shri Tokhan Sahu, Minister of State Mohua, Shri S.P Singh, Additional Secretary MoHUA, Shri […]

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HUDCO-IHS partnership revived driving innovation for smarter greener cities

Today marks a significant milestone as Housing and Urban Development Corporation Ltd. HUDCO and the Institute for Housing and Urban Development Studies (IHS), Rotterdam, sign an MoU to reignite their valued partnership. This collaboration revives a longstanding association centered on training, research, and capacity-building for human settlements. Together, they aim to foster innovation and excellence […]

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SECL allocates ₹170 Crores for transformative CSR projects

South Eastern Coalfields Limited (SECL), a Coal India subsidiary in Chhattisgarh, has approved ₹170 crores for impactful Corporate Social Responsibility (CSR) projects in FY 24-25, surpassing its statutory budget of ₹99.76 crores. These initiatives focus on health, education, and skill development, with key highlights including: These projects underscore SECL’s commitment to uplifting communities in coalfield […]

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Vijoy Kumar Singh appointed Director (IM&O) at CONCOR

Vijoy Kumar Singh, currently Chief Commercial Manager/Passenger Marketing (CCM/PM) at Central Railway, has been appointed as Director (International Marketing & Operations) at Container Corporation of India Limited (CONCOR) until December 31, 2029. His resignation from Indian Railway Traffic Service (IRTS) has been accepted, effective upon assuming his new role.

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THDC corporate bonds series XII oversubscribed 8x, Listed at BSE & NSE

THDC India Limited achieved a significant milestone with its Corporate Bonds Series XII of Rs. 700 crore being oversubscribed nearly 8 times, reflecting robust investor confidence. Chairman and Managing Director R K Vishnoi praised the overwhelming response, attributing it to THDCIL’s financial prudence and operational excellence. Key details of the issuance: The funds will support […]

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HAL and IIIT Dharwad collaborate for technological advancement

The HAL Management Academy (HMA) and Indian Institute of Information Technology Dharwad (IIIT Dharwad) have signed a Memorandum of Understanding (MoU) to bolster industry-academia ties in advanced technologies. This partnership will focus on collaborative research, internships, and technical education in AI, Data Science, Robotics, AR/VR, and Digital Manufacturing, with applications in aerospace and defence. HAL […]

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RECPDCL transfers Lakadia B Power transmission SPV to Reliance Industries

REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Limited under the Ministry of Power, has officially handed over the Special Purpose Vehicle (SPV) for the Lakadia B Power Transmission Project to Reliance Industries Ltd. This transfer took place on February 14, 2025, in Gurugram. Reliance Industries emerged victorious as the Transmission […]

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Deendayal Port Authority triumphs with ‘Best Port of the Year’ honor

In a remarkable achievement, Deendayal Port Authority, Kandla, has once again clinched the prestigious ‘Best Port of the Year’ award in the non-containerized category at the 12th Gujarat Star Awards. The accolade was received by B Ratna Sekhar Rao, Traffic Manager, during an esteemed ceremony organized by Daily Shipping Times in Gandhidham.

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EIL and HPCL forge strategic partnership

Engineers India Limited (EIL) and Hindustan Petroleum Corporation Limited (HPCL) inked a Memorandum of Agreement (MoA) on February 13, 2025, during the India Energy Week 2025 conference in New Delhi. Ms. Vartika Shukla, CMD of EIL, and Rajneesh Narang, CMD (Additional Charge) and Director (Finance) of HPCL, presided over the signing. This MoA establishes a […]

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