(THE NEWSMAN OF INDIA .COM) On July 27, 2024, Nagendra Nath Sinha, Secretary Steel, visited MSTC limited Headquarters at Kolkata and held discussions with Manobendra Ghoshal, Chairman and Managing Director, Director (Commercial), Director (Finance) and other senior officials of MSTC, the major CPSE in e-commerce sector under Ministry of Steel. Sinha reviewed the company’s business
[continue reading…]

(THE NEWSMAN OF INDIA.COM) REC DECLARES 1ST INTERIM DIVIDEND OF ₹ 3.50 PER SHARE HIGHEST 1ST QUARTER PROFIT OF RS. 3,442 CRORES Delhi, 27th July 2024: The Board of Directors of REC Limited, today approved the limited reviewed standalone and consolidated financial results for the quarter ended 30th June 2024. Operational and Financial Highlights: Q1
[continue reading…]

(THE NEWSMAN OF INDIA.COM) Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, GoI, has announced financial results for Q1FY25. For Q1FY25, on consolidated basis, company has reported PAT of ₹ 3,724 crore and Total Income of ₹ 11,280 crore registering a YoY growth of 3.52% and 0.20% respectively. On
[continue reading…]

(THE NEWSMAN OF INDIA.COM) 25th JULY 2024: Manohar Lal, Minister of Power and Housing & Urban Affairs, inaugurated National Feeder Monitoring System (NFMS) Control Centre on REC Limited’s 55th Foundation Day today , at REC Headquarters, Gurugram in the presence of Shripad Yesso Naik, Minister of State for Power and New & Renewable Energy. Vivek
[continue reading…]

(THE NEWSMAN OF INDIA.COM) Today Minister of Steel and Heavy Industries H. D. Kumaraswamy, Minister of State for Steel and Heavy Industries Bhupathiraju Srinivasa Varma in the presence Secretary Steel NN Sinha, launched the Steel Import Monitoring System (SIMS) V 2.0. This moment marks a significant milestone in Ministry of Steel’s ongoing commitment to enhancing
[continue reading…]

(THE NEWSMAN OF INDIA.COM) Applauding this initiative of Prime Minister Narendra Modi, REC limited has taken another step towards ushering a greener future for our planet. On the joyous occasion of REC’s 55th Foundation Day celebration,Manohar Lal, Union Minister of Power, Housing, and Urban Affairs; Shripad Yesso Naik, Minister of State for Power and Vivek
[continue reading…]

(THE NEWSMAN OF INDIA.COM) Sanjay Kumar Singh has taken over as Director (Projects), NHPC limited on 24th July 2024. Sanjay Kumar Singh has more than 32 years of vast & varied experience in Power & Infrastructure sector in respect of execution of mega & prestigious projects in India & Bhutan.

(THE NEWSMAN OF INDIA.COM) HIGHLIGHTS OF THE UNION BUDGET 2024-25 Budget Estimates 2024-25: 🔸Total receipts other than borrowings: ₹32.07 lakh crore 🔸Total expenditure: ₹48.21 lakh crore 🔸Net tax receipt: ₹25.83 lakh crore 🔸Fiscal deficit: 4.9 per cent of GDP A budget that Empowers India’s future! Post Budget 2024: Prime Minister Narendra Modi says “In the
[continue reading…]

(THE NEWSMAN OF INDIA.COM) In a joint press release all Exchanges and Clearing Corporations stated: there was a global outage of Microsoft Systems. This outage has been reported to have caused disruptions across various sectors globally. In India, all Exchanges and Clearing Corporations functioned without any impact. Out of the 1400+ trading members ecosystem, there
[continue reading…]

(THE NEWSMAN OF INDIA.COM) Mumbai, July 22, 2024: The Jawaharlal Nehru Port Authority (JNPA) – India’s Best Performing Port, received approval from the Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal for the Development of Export-Import cum Domestic Agricultural Commodity-based Processing & Storage Facility at JNPA on July 19th, 2024. This is India’s first
[continue reading…]