Thursday 11th June 2026

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POWERGRID posts Profit After Tax (PAT) of ₹2,048 crore for Q1FY21.

Aug 11th, 2020 | By

(THE NEWSMAN OF INDIA.COM) Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, GoI and the ‘Central Transmission Utility (CTU)’ of the country, has posted a Profit After Tax of ₹2,048 crore and Total Income of ₹9,817 crore on consolidated basis for Q1FY21. On standalone basis, the Company posted Profit
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RITES Declares it’s Financial Results

Aug 11th, 2020 | By

(THE NEWSMAN OF INDIA.COM) NEW DELHI: Hit by Covid-19 pandemic RITES on Tuesday reported a nominal decline in its consolidated profit in the quarter ending June. The railways’ consultancy firm had posted a consolidated profit of Rs 102 crore in the corresponding quarter of previous fiscal, it said in a regulatory filing to the BSE.
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IRCTC gears itself for ‘New Normal’

Aug 10th, 2020 | By

(THE NEWSMAN OF INDIA.COM) New Delhi: The Indian Railway Catering And Tourism Corporation Limited, one of the largest customer centric organization of the country with business in railway catering services, mass tourism and IT services has been actively gearing itself for the ‘New Normal’ with the onset of the COVID-19 pandemic which has had a
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Madhavan Aravamuthan is the new Part-time Chairman of CSB Bank

Aug 10th, 2020 | By

(THE NEWSMAN OF INDIA.COM) August 10, 2020 Thrissur, Kerala. – CSB Bank Limited has announced the receipt of approval of Reserve Bank of India today for the appointment of Madhavan Aravamuthan as the new Part-time Chairman of the Bank. The appointment is for a period starting from August 10, 2020 and up to June 28,
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Cochin Shipyard Limited., Quarter1 Results.

Aug 10th, 2020 | By

(THE NEWSMAN OF INDIA.COM) The country’s largest commercial shipbuilder Cochin Shipyard Limited (CSL) on Monday reported a 64.54 percent dip in standalone profit at Rs 42.64 crore in three months ended June, adversely impacted by the COVID-19 pandemic outbreak and subsequent lockdown. The company had posted a profit of Rs 120.25 crore in Q1FY20, as
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BEL upgrades ATDS Maareech manufacturing facility with an eye on ‘Atmanirbhar Bharat’

Aug 10th, 2020 | By

(THE NEWSMAN OF INDIA.COM) Bengaluru/Delhi, August 10, 2020: Raksha Mantri, Rajnath Singh, on Monday inaugurated through Video Conference the upgraded, state-of-the-art Maareech Integration Facility. Gowtama M V, Chairman & Managing Director, Bharat Electronics Limited (BEL), on the occasion gave a presentation to the Hon’ble Raksha Mantri on Advanced Torpedo Decoy System (ATDS) Maareech. This initiative
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Raksha Mantri inaugurates BEML’s Industrial Design Centre

Aug 10th, 2020 | By

(THE NEWSMAN OF INDIA.COM) Rajnath Singh, Raksha Mantri, GoI today inaugurated BEML’s Industrial Design Centre (IDC), located at its Bangalore Complex. The inauguration was done virtually in the presence of Shripad Naik RRM, Secretary Defence, Secretary Defence (Production) amongst others. Inaugurating the BEML Design Centre Hon’ble Raksha Mantri Rajnath Singh said, “We are celebrating the
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Mrs. Soma Mondal selected for the post of maiden women Chairperson (SAIL)

Aug 10th, 2020 | By

(THE NEWSMAN OF INDIA.COM) Mrs. Soma Mondal has been selected for the post of Maiden Women Chairperson of State-run Steel Authority of India (SAIL). Mrs. Soma Mondal was selected today in an interview meeting held in Public Enterprises Selection Board wherein about half a dozen candidates appeared. Mrs. Soma Mondal is presently serving as Director
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NTPC Group achieves over 100 BUs of cumulative generation in the current financial year

Aug 9th, 2020 | By

(THE NEWSMAN OF INDIA.COM) According to a statement issued by NTPC Ltd., NTPC Group has achieved over 100 Billion Units (BUs) of cumulative generation in the current financial year, reinforcing group’s commitment towards excellence in operation across its plants. As per the data published by Central Electricity Authority (CEA), NTPC Korba (2600 MW) in Chattisgarh
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REC RECORDS ITS HIGHEST EVER QUARTERLY PROFIT AT RS. 1,839 CRORES

Aug 9th, 2020 | By

(THE NEWSMAN OF INDIA.COM) New Delhi, 7th August 2020: The Board of Directors of REC Limited (formerly Rural Electrification Corporation Limited) approved the unaudited standalone and consolidated financial results for Q1 FY21 today. Operational and Financial Highlights – Q1 FY21 vs Q1 FY20 (Standalone) Sanctions – Rs. 41,959 crore vs. Rs. 24,288 crore, up 73%
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