Category: PSU BUZZ

Dr. Ashok Kumar Panda selected as Director (Finance) at SAIL

The Steel Authority of India Limited (SAIL) has appointed Dr. Ashok Kumar Panda as its new Director (Finance). Currently serving as Executive Director (ED) at SAIL, Panda was selected during the PESB meeting held on February 8, 2025. His extensive expertise in financial management and strategic planning played a key role in his selection from […]

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M G Balasubrahmanya appointed as Director (HR) at HAL

In a significant development, M G Balasubrahmanya, currently serving as Executive Director (HR) at Hindustan Aeronautics Limited (HAL), has been selected for the position of Director (Human Resources), HAL. The selection was made following a rigorous evaluation process conducted by the Public Enterprises Selection Board (PESB) on February 8, 2025. Balasubrahmanya was chosen from a […]

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Coal India wins Golden Peacock CSR Award 2024

Coal India Limited (CIL) has been awarded the prestigious Golden Peacock CSR Award 2024 at the 19th International Conference on Corporate Social Responsibility in Mumbai. The award recognizes CIL’s significant contributions to social development, benefiting over 35 million people. The company has been the highest CSR spender among CPSEs for five years, allocating ₹572 crore […]

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HAL’s LUH and CATS warrior to shine at Aero India 2025

Hindustan Aeronautics Limited (HAL) will present its latest advancements at Aero India 2025, which begins February 10 at Air Force Station Yelahanka in Bengaluru. Themed “Innovate. Collaborate. Lead.”, the exhibition will highlight HAL’s Light Utility Helicopter (LUH) alongside cutting-edge avionics, aerospace systems, and defense technologies. Key Attractions at HAL’s Pavilion (HALL-E): LUH, Hindustan Turbo Trainer […]

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NHPC and DVC Sign landmark 40-Year Power purchase agreement for Hydroelectric projects

In a significant move towards strengthening India’s renewable energy sector, NHPC Limited and Chenab Valley Power Projects Limited (CVPPL) have entered into a long-term Power Purchase Agreement (PPA) with Damodar Valley Corporation (DVC). This agreement, spanning 40 years from the Commercial Operation Date (COD), ensures a stable and sustainable supply of hydroelectric power. The deal […]

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REC DECLARES 3RD INTERIM DIVIDEND OF ₹4.30 PER SHARE; NET PROFIT UP 23% TO ₹4,029 CRORE

The Board of Directors of REC Limited, approved the limited reviewed standalone and consolidated financial results for the period ended December 31, 2024. Operational and Financial Highlights: Q3 FY25 vs Q3 FY24 (Standalone) Operational and Financial Highlights: 9M FY25 vs 9M FY24 (Standalone) Owing to growth in all the verticals, resetting of interest rates on […]

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Four NHAI General Managers promoted to Chief General Managers (Technical)

The National Highways Authority of India (NHAI) has promoted four General Managers (Technical) to the position of Chief General Manager (Technical). The promoted officers include Harish Sharma, Abdul Basit, M T Attarde, and P Sivasankar. This move aims to strengthen the technical leadership within the organization and enhance the execution of national highway projects.

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HUDCO Signs MoU with ALIMCO to support “Divyangjan & senior Citizens”

HUDCO, a Navratna CPSE signed a Memorandum of Understanding (MoU) with the ALIMCO to extend support for distribution of aids and assistive devices to Persons with Disabilities (Divyangjan) and Senior citizens all over the country.The MoU signing ceremony was held in the presence of Shri Sanjay Kulshrestha, CMD, HUDCO, and Shri Praveen Kumar, CMD, ALIMCO, […]

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NLC India Limited (NLCIL) declares Q3 2024-25 Financial Results

NLC India Limited (NLCIL), under the leadership of CMD M. Prasanna Kumar, has announced its Q3FY25 financial results. The company’s installed power generation capacity has risen to 6,731.06 MW following the successful commercial operation of NUPPL’s GTPP Unit #1 (660 MW). Key highlights include an all-time high revenue of ₹11,445 crore, a 21% increase from […]

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