NHPC earns profit of Rs 3834 Crore during FY 2022-23
(THE NEWSMAN OF INDIA.COM) NHPC has declared its Audited Financial Results for the Financial Year 2022-23. The Board of Directors approved the Financial Results and the Financial Statements for FY 2022-23 in the meeting held on May 29, 2023. The Company has reported Profit After Tax (PAT) of Rs 3834 Crore on standalone basis in
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LATEST NEWS
NBCC REPORTS STANDALONE PBT GROWTH OF 31.91% IN FY23.
(THE NEWSMAN OF INDIA.COM) The Board of Directors approved the Financial Results of the company for the Quarter and Year ended on 31.03.2023 in the meeting held on May 29, 2023. The Company has reported a Total Income of Rs. 2,272.43 Cr. for the quarter ended on March 31, 2023, compared to Rs. 1,859.56 Cr.
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“MOIL’s 4.02 lakh tonnes Manganese ore record production”
(THE NEWSMAN OF INDIA.COM) 29 MAY 2023:The Board of Directors of MOIL approved the financial results for the fourth quarter & the financial year which ended on 31st March 2023. In the fourth quarter of FY 2022-23, MOIL produced 4.02 lakh tonnes of manganese ore, achieving a growth of 7% over the corresponding period last
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EIL secures business worth INR 4700 Cr in FY 2021-22.
(THE NEWSMAN OF INDIA.COM) New Delhi, May 27, 2023: Engineers India Ltd (EIL) organised its Annual Press Conference on May 26, 2023 in New Delhi wherein C&MD Ms.Vartika Shukla shared EIL’s Annual Results for FY 2022-23 as well as Business Outlook and Orders Secured. Functional Directors and senior officials of the Company were also present
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JNPA celebrates 34 years of excellence & achievement
(THE NEWSMAN OF INDIA.COM) Navi Mumbai, May 25, 2023: Jawaharlal Nehru Port Authority (JNPA), India’s biggest state-run container port by volumes handled, will complete 34 years of operations on 26th May amidst the euphoria created by a recent World Bank report that put it amongst a galaxy of global ports turning around box ships quickly.
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Ashish Chauhan, MD & CEO, NSE gets Lifetime Achievement award
(THE NEWSMAN OF INDIA.COM) Global Custodian, a leading international publication covering securities services, conferred Ashishkumar Chauhan, MD & CEO, NSE with ‘Lifetime Achievement Award – Leaders in Custody Awards for Asia Pacific’ held in Singapore on May 25th, 2023.This prestigious award recognizes Ashishkumar Chauhan as a visionary business leader, with an outstanding contribution in the
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SCOPE reaffirms its Green Pledge
(THE NEWSMAN OF INDIA.COM) SCOPE reaffirms its Green Pledge, hosts program on ‘Climate Action Initiatives by Public Sector Enterprises in India’ Compendium and short film exhibiting Climate Action by PSEs launched MoU between SCOPE & GIZ, Germany signed Pursuant to its endeavours of mitigating Climate Crisis, Standing Conference of Public Enterprises (SCOPE) in collaboration with
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THDCIL conducted awareness campaign
(THE NEWSMAN OF INDIA.COM) Rishikesh:23-05-2023:- THDC India Limited, a leading Schedule-A Mini Ratna PSU successfully conducted awareness campaign with the aim of promoting the highest standards of integrity and preventing corruption, in Rishikesh and Narendra Nagar,Tehri-Garhwal under the directives of Central Vigilance Commission. This campaign was organized before the upcoming meeting of ‘G-20 AntiCorruption Working
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NTPC – FY23 Audited Results,
(THE NEWSMAN OF INDIA.COM) The Country’s largest power generator- NTPC Ltd., with a present group installed capacity of 72,304 MW, has declared the financial results for FY23 on 19 May 2023. NTPC Group recorded the highest ever annual generation of 399 Billion Units in FY23 as compared to 361 Billion Units in FY22, an increase
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RITES FY23 revenue ₹2730 cr; PAT ₹571 cr
(THE NEWSMAN OF INDIA.COM) Gurugram, April 18, 2023: RITES Ltd. (NSE: RITES, BSE: 541556), a prime Transport Infrastructure Consultancy and Engineering firm, announced its standalone and consolidated financial results for the quarter and year ended on March 31st, 2023. The Takeaways ▪ Highest-ever Consultancy Revenue & highest-ever International Consultancy Revenue in FY23. ▪ Standalone Profit
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‘International Day for Women in Maritime’
(THE NEWSMAN OF INDIA.COM) The NMDC Committee, under the aegis of the DG Shipping, commemorated the ‘International Day for Women in Maritime’ today in Powai, Mumbai.The event was organized to promote gender equality in the maritime sector featured a special program. It was attended by Shripad Naik, Minister of State for PSW & Tourism, &
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REC RECORDS, HIGHEST EVER QTY & YEARLY PROFIT AT ₹ 3,001 CRS & ₹ 11,055 CRS.
(THE NEWSMAN OF INDIA.COM) The Board of Directors of REC Limited on Wednesday approved the audited standalone and consolidated financial results for the quarter and year ended 31st March 2023. Owing to the improving asset quality and resolution of stressed assets, REC is able to record highest ever quarterly and yearly profit at ₹ 3,001
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NSE’s standalone NP reports Rs.1,810 crs. for FY23-Q4,
(THE NEWSMAN OF INDIA.COM) NSE’s standalone Q4 operating revenue up by 32% YoY to annual Rs 3,295 crores NSE’s standalone Q4 profit up by 19% YoY at annual Rs 1,810 crores, operating EBITDA margin at 69% Contributed Rs 28,989 crores to the exchequer of which STT comprised of Rs 21,965 crores, Stamp duty Rs 1,987
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Launch of LIC’s Group Post Retirement Medical Benefit Scheme
(THE NEWSMAN OF INDIA.COM) Life Insurance Corporation of India has introduced Group Post Retirement Medical Benefit Scheme with effect from 2nd May 2023. This plan is a Non-Linked, Non-Participating, Life, Group Savings Insurance product. The plan helps to meet the employer’s obligation for Post-Retirement Medical Benefit to their employees. The plan also offers a fixed
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BVFCL’s Rongali Bihu Sanmillon
(THE NEWSMANOF INDIA.COM) The BVFCL’s Rongali Bihu Sanmillon kicked off with the ceremonial flag hoisting, where CMD-BVFCL, SP Mohanty raised the BVFCL flag, and President Pankaj Kr Gogoi hoisted the Rongali Bihu flag. Afterward, floral tributes were paid at Swahid Bedi, and SP Mohanty, along with committee members and officials, participated in a plantation activity.
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SPECIAL NEWS COVERAGE
LIC’s Market leadership with 62.58% market share with 16.67% FYPI growth. (THE NEWSMAN OFINDIA.COM) PERFORMANCE for the Year ended March 31st, 2023 (FY 2023) • Market leadership with 62.58% market share with 16.67% FYPI growth • Profit After Tax at Rs. 36,397 crore • Board recommends dividend of Rs. 3/- Per Share (Previous Year Rs 1.50/- per share) • Value of New Business (Gross) grows by
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Nalco’s highest net profit of Rs 1,544 crore in FY 2022-23 (THE NEWSMAN OF INDIA.COM) Navratna CPSE Nalco has reported robust performance across all its business units, with the best-ever annual production and sales during the financial year 2022-23. As per the financial results, taken on record in the board of directors meeting held on Wednesday, Nalco has posted a net profit of Rs 1,544 crore
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NTPC Wins Prestigious ATD Best Award (THE NEWSMAN OF INDIA.COM) New Delhi, May 24, 2023: NTPC has been bestowed with the prestigious ATD BEST Award. This international award was received by D.K. Patel, Director (HR) at a ceremony held at San Diego, CA, USA. The ATD BEST Award instituted by Association for Talent Development, USA (previously referred as American Society for
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Home, Amit Shah inaugurates Janganana Bhawan (THE NEWSMAN OF INDIA.COM) Union Minister of Home Affairs and Cooperation, Government of India, Amit Shah inaugurated the Janganana Bhawan for the Office of Registrar General of India, Ministry of Home Affairs at New Delhi on 22.05.2023. Nityanand Rai and Ajay Kumar Mishra, Union Ministers of State for Home Affairs were the guests of Honour.
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PM Modi dedicates REPMP, BARC campus, (THE NEWSMAN OF INDIA.COM) “Knowledge with action, converts adversity into prosperity”- Dr APJ Abdul Kalam. His words fire up the passion to be a significant contributor to key scientific and technological milestones. The Prime Minister, Narendra Damodardas Modi dedicated Rare Earth Permanent Magnet Plant, BARC campus, Visakhapatnam to the nation on the occasion of 25th
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India’s top Business News Portal
GV Kiran assumes charge as Dir. – Production & Proj., KIOCL. (THE NEWSMAN OF INDIA.COM) Ganti Venkat Kiran assumed the charge as Director – Production & Projects at KIOCL Limited. Ganti Venkat Kiran is a Graduate in Mechanical Engineering from National Institute of Technology, Bhopal. Previously, he worked with Pro Minerals Pvt. Ltd. (Aditya Birla Group), Essar Steel Ltd. (presently Arcelor Mittal Nippon Steel India) &
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Smt. Parminder Chopra recommended for CMD, PFC (THE NEWSMAN OF INDIA.COM) Smt. Parminder Chopra present Director Finance of PFC is all set to be the New CMD of Power Finance Corporation (PFC), the PESB has recommended the name of Smt. Parminder Chopra for the post of Chairman and Managing Director (CMD) Power Finance Corporation Smt. Parminder Chopra, 53 years, holds a Bachelor’s
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(THE NEWSMAN OF INDIA.COM)
REC undertakes 750 Million USD Green Bonds listing (THE NEWSMAN OF INDIA.COM) REC Limited has undertaken an exclusive listing of its recently issued Green bonds of USD 750 million raised under its Global Medium Term Programme of USD 7 billion at GIFT IFSC Stock Exchanges in a primary listing ceremony held in GIFT IFSC, Gandhinagar on May 3, 2023. The listing ceremony was
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Saleem Ahmed appointed as Director Project NBCC (THE NEWSMAN OF INDIA.COM) Saleem Ahmad has taken over the charge of Director (Projects) of NBCC (India) Limited on 19.04.2023. The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Ministry of Housing & Urban Affairs (MoHUA) for the appointment of Saleem Ahmad for the post of Director (Projects) of NBCC (India)
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EIL conferred with CIDC Vishwakarma Awards (THE NEWSMAN OF INDIA.COM) New Delhi, April 19, 2023: Engineers India Limited (EIL) has been conferred with the prestigious CIDC Vishwakarma Awards by Construction Industry Development Council (CIDC) in the categories of “Best l Construction Project” and “Construction Health, Safety & Environment”. The Achievement Award for “Best Construction Project” was presented to “MAF Project, Assam
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(GSL) Pays interim dividend for FY 2022-23 @ 75% of paid up share capital. (THE NEWSMAN OF INDIA.COM) Goa Shipyard Limited (GSL) paid interim dividend for FY 2022-23 @ 75% of paid up share capital. Brajesh Kumar Upadhyay, Chairman & Managing Director of Goa Shipyard Limited (GSL) presented the dividend cheque to Raksha Mantri Rajnath Singh towards GoI share in the presence of Defence Secretary Giridhar Aramane. As a
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BVFCL celebrated its 22nd Foundation Day (THE NEWSMAN OF INDIA.COM) On April 5th, 2023, the Brahmaputra Valley Fertilizer Corporation Limited celebrated its 22nd Foundation Day by commencing with a ceremony that included raising the flag and offering flowers at the statue of Lt. Mohini Nath Phukan. The ceremony was presided by the esteemed CMD of BVFCL,S.P. Mohanty. Subsequently, a walkathon took
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Disclosure April 2023
HAL Registers Highest Ever Revenue of Rs.26,500 Crores (THE NEWSMAN OF INDIA.COM) Bengaluru, March 31, 2023: HAL registers highest-ever revenue from operations of around Rs. 26,500 Crores (provisional and unaudited) for the Financial Year 2022-23 as against Rs. 24,620 for the previous financial year. The Company has recorded a revenue growth of 8% during the year as compared to the previous year, 2021-22.
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DVC Awarded for remarkable contribution (THE NEWSMAN OF INDIA.COM) March 26th, 2023: Damodar Valley Corporation has been awarded today in the category of Sustainable Community Development in the Green Ribbon Champions, an initiative of Network 18 group Today, DVC has been felicitated for its remarkable contribution towards the sustainable development of the nation and its commitment to a clean and
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Chairman, Members DVC visited Raghunathpur TPS (THE NEWSMAN OF INDIA.COM) The Chairman-DVC,R.N.Singh along with the Member (Technical), the Member (Finance) and the Member- Secretary, DVC visited Raghunathpur TPS on 17th & 18th March 2023. They visited with their respected spouses and other senior executives of DVC. The Chairman, DVC unfurled the National Flag with honour and addressed the employees of RTPS
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Pellet to Power to Prosperity -Samarth Misssion (THE NEWSMAN OF INDIA.COM) New Delhi, March 20 , 2023: National Mission on use of Biomass in Coal Based Thermal Power Plant (SAMARTH) has been created by the Ministry of Power(MoP) as a one-shot solution to multiple problems being faced in disposal of surplus biomass. While conversion of Biomass into pellets and co-firing them in
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Record breaking operational performance by DVC (THE NEWSMAN OF INDIA.COM) Damodar Valley Corporation (DVC) has achieved its highest ever thermal generation of 40.79 Billion Units (BU) on 13th March 2023 in the current fiscal surpassing its previous record of 40.75 BU created in FY 2021-22. On 15th March 2023, the electricity generated by DVC has also surpassed the MoU generation target
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International Women’s Day at SCOPE (THE NEWSMAN OF INDIA.COM) International Women’s Day was celebrated at Standing Conference of Public Enterprises (SCOPE). Atul Sobti, Director General, SCOPE exhorted women employees to be determined and treat each challenge as an opportunity. Reiterating their pertinent role, he added, that if they put their heart and mind into any task, no feat is unfathomable
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Rajeev Vishnoi, CMD THDCIL conferred with CBIP Award 2022 (THE NEWSMAN OF INDIA.COM) Rishikesh- 03.03.2023: Rajeev Vishnoi, Chairman and Managing Director, THDC India Limited has been conferred with ‘CBIP Individual Award for Outstanding Contribution for Development of the Water, Power and Renewable Energy Sector’ on 03rd March, 2023 at New Delhi.The award was presented to Vishnoi by R. K. Singh, Union Minister of Power,
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