(THE NEWSMAN OF INDIA.COM) New Delhi, 25th February 2020: Fitch Ratings has assigned India-based REC Limited’s proposed senior unsecured note rating of ‘BBB-/Stable’ and Moody’s has assigned a rating of ‘Baa3’ on the same. The notes will be issued from REC’s existing USD7.0 billion global medium-term note programme (GMTN). The net proceeds will be used
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(THE NEWSMAN OF INDIA.COM) Union Minister of Coal and Mines, Shri Pralhad Joshi laid foundation stone of Crusher and Conveyor System at NALCO’s Mining & Refinery (M&R) Complex in Damanjodi, Odisha today. The System will cater to feed bauxite for the 5th stream of Alumina Refinery of the company. The project is expected to be
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(THE NEWSMAN OF INDIA.COM) Mumbai, Feb 24 (PTI) As many as two dozen people, including two whole-time members of Securities and Exchange Board of India (SEBI), have applied for the post of chairman of the capital markets regulator, sources said. The last date for applying for the post was February 10. A couple of serving
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(THE NEWSMAN OF INDIA.COM) Navratna Defence PSU Bharat Electronics Ltd (BEL) has received three ‘Governance Now’ Awards: for Research & Innovation, HR Excellence and Geo-Strategic Reach. The awards were received by Mr Ranjan Banerjee, GM (Central Marketing), and Mr Sanjay Kumar Dwivedi, Sr DGM (Central Marketing), on behalf of BEL from Mr Arjun Ram Meghwal,
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(THE NEWSMAN OF INDIA.COM) The Competition Commission of India (CCI) approves the acquisition of 74.50% of the issued and paid-up share capital of THDC India Limited (“THDC”/ “Target”) by NTPC Limited (“NTPC”/ “Acquirer”) from Government of India (“GoI”), under Section 31(1) of the Competition Act, 2002 The Proposed Combination relates to the acquisition of 74.50%
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(THE NEWSMAN OF INDIA.COM) The Competition Commission of India (CCI) approves the acquisition of 100% of the issued and paid-up share capital of North Eastern Electric Power Corporation (“NEEPCO”/ “Target”) by NTPC Limited (“NTPC”/ “Acquirer”) from Government of India (“GoI”), under Section 31(1) of the Competition Act, 2002 The Proposed Combination relates to the acquisition
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(THE NEWSMAN OF INDIA.COM) NSIC signed MoU with MMTC on 19.02.2020 for supply of Imported Non-Ferrous Metals to MSMEs through NSIC. Ved Prakash, CMD , MMTC, Ashwani Sondhi, Director – MMTC & P.Udayakumar, Director (P&M) ,NSIC were present on the occasion . The MoU was signed by Paramjeet Singh, Senior General Manager ,NSIC with Khushinder
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(THE NEWSMAN OF INDIA.COM) EdCIL (India) Limited, presents a dividend of Rs 9.5 Crore for the year 2018-19 to Union HRD Minister EdCIL (India) Limited, a Mini Ratna Category-I CPSE under Ministry of HRD, Government of India, has paid a dividend of Rs 9.5 Crore for the year 2018-19. Manoj Kumar, CMD, EdCIL presented the
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(THE NEWSMAN OF INDIA) New Delhi: State-run IRCTC (Indian Railway Catering and Tourism Corporation) shares hit a fresh record high of Rs 1,798 apiece on Wednesday as it climbed 9.6 percent ahead of the commercial run of Kashi Mahakal Express from February 20. The jump comes a week after IRCTC recorded a 179.65 percent rise
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(THE NEWSMAN OF INDIA.COM) New Delhi, Feb 19th: NTPC Ltd, India’s largest power generation company has bagged the prestigious recognition from Central Board of Irrigation and Power (CBIP) 2020 award for outstanding performing utility in Thermal Power Sector. The award recognises NTPC’s outstanding contribution to the Nation by setting new benchmarks in Generation and Maintenance
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