NBCC completes E-Auction for residential units at Aspire Leisure Park, Greater Noida (W)
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 […]
Dr. Ilyas K P A appointed DIG at BPR&D on deputation
Dr Ilyas K P A, a 2011 batch IPS officer from the Nagaland cadre, has been appointed as Deputy Inspector General/Deputy Director at the Bureau of Police Research and Development (BPR&D). His deputation is for a period of five years, during which he will contribute to national policing research and reform initiatives under the Ministry […]
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 […]
Major reshuffle of IAS officers in Gujarat
The Gujarat government has implemented a significant reshuffle involving 16 IAS officers across various administrative roles. Dilip Kumar Rana has been named Commissioner of Higher Education in Gandhinagar, while Dr. N. K. Meena assumes the role of Municipal Commissioner, Bhavnagar. Among other appointments, Tusharkumar Y Bhatt and Manish Kumar will serve as Collectors of Patan […]
Odisha government appoints newly promoted IAS officers as Joint Secretaries
The Odisha government has allocated new roles to officers recently promoted to the Indian Administrative Service (IAS) from the State Civil Service. These newly inducted IAS officers, such as Dharam Hansdah, Rina Mohapatra, Lily Kumari Kullu, Aradhana Das, Narahari Sethy, and several others, have been designated as Joint Secretaries in various departments where they previously […]
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 […]