(THE NEWSMAN OF INDIA.COM) Major Highlights during the Q2 2023-24 • PAT for Q2 2023-24 jumped to Rs 1,121 Cr from Rs 367 Cr in the corresponding period of previous year, registering a growth of 205%. • NLCIL successfully bagged 810MW Grid connected solar project tender floated by RVUNL in Rajasthan on 10th Aug, 2023.
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(THE NEWSMAN OF INDIA.COM) Sanjay Kulshrestha has joined as the Chairman & Managing Director of the company from 16th October 2023. He is an electrical engineer with over 32 years of expertise in Infrastructure Financing, Hedging, Risk Management, ALM, thermal power plant management, Power Sector Project Financing etc. For the first 15 years, he has
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(THE NEWSMAN OF INDIA.COM) Gurugram, 14th October, 2023: REC Limited marked a significant milestone by signing three MoUs totalling ₹40,358 Crores to support and finance various projects in the vibrant state of Odisha. The signing ceremony took place in the presence of distinguished personalities, including Vivek Kumar Dewangan, CMD of REC Limited, Nikunj B Dhall,
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(THE NEWSMAN OF INDIA.COM) NSE launches 13 new commodity derivatives contracts on October 16, 2023 National Stock Exchange (NSE) announced the launch of 13 new commodity derivatives contracts on October 16, 2023. With this launch, NSE offers 28 products in the Commodity Derivatives Segment. The 13 new derivatives contracts include: ‘Option on Futures’ on Gold
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(THE NEWSMAN OF INDIA.COM) India’s largest integrated energy conglomerate, NTPC Limited, has been recognized as one of the “World’s Best Employers 2023” in the Forbes World’s Best Employers list 2023 released on 10th Oct 2023. It ranked 261st out of top 700 companies in the World ranking and is the only Indian PSU to figure
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(THE NEWSMAN OF INDIA.COM) New Delhi, 12thOctober, 2023 – The Department of Public Enterprises (DPE), Govt. of India has upgraded IRCON to “Navratna” status on 12th October, 2023. This recognition is testimony to company’s continuous performance, commitment and contribution. With the grant of “Navratna” status the company should benefit in enhancing the market credibility and
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(THE NEWSMAN OF INDIA.COM) National Stock Exchange (NSE) is proud to announce its participation in the global celebration of World Investor Week 2023 (WIW), an initiative led by Securities Exchange Board of India (SEBI) and International Organization of Securities Commissions (IOSCO). This year, the World Investor Week is being celebrated from October 09, 2023 to
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(THE NEWSMAN OF INDIA.COM) Chennai, October 9, 2023: NLC India Limited a Navratna Central Public Sector Undertaking headquartered at Neyveli, Tamilnadu has won 810 MW Solar PV project capacity from Rajasthan Rajya Vidyut Nigam Limited (RRVUNL). NLCIL has successfully garnered the entire capacity of the 810 MW tender floated by RRVUNL on 21/12/2022, for developing
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Gurgaon October, 2023: REC Limited, a Maharatna CPSE under the Ministry of Power, has been conferred with the ‘Best Central PSU’ in the Financial Services category at the Dun & Bradstreet PSU Awards 2023. The award was received by Executive Director, T S C Bosh on behalf of REC Limited. REC continues to strive towards
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(THE NEWSMAN OF INDIA.COM) National Stock Exchange of India (NSE) launched commodity derivatives segment in October 2018. The commodity derivatives segment began with the launch of derivatives on Gold Futures and Silver Futures. Since launch, NSE and NSE Clearing had made available Gold Futures, Gold Mini Futures, Gold 1-gram Futures, Silver Futures, Brent Crude Futures,
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