(THE NEWSMAN OF INDIA.COM) NHPC Limited (A Govt. of India Enterprise) has raised Rs 750 crore today through private placement of bonds at very competitive interest rate of 6.80% p.a. for a loan tenure of 10 years. The issue structure consists base size of Rs.500 crore with Green Shoe option of Rs.250 crore. The issue
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(THE NEWSMAN OF INDIA.COM) New Delhi: The Ministry of Housing and Urban Affairs’ (MoHUA) Additional Secretary Shiv Das Meena (IAS) has been appointed as Chairman & Managing Director (CMD) of Housing and Urban Development Corporation Limited (HUDCO), a Miniratna PSU under the Ministry of Housing and Urban Affairs (MoHUA). According to an order from the
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(THE NEWSMAN OF INDIA.COM) National Oil Company ONGC in its efforts of #IndiaFightsCorona, the ONGC CMD Shashi Shankar’s tweeter handle tweets about the ONGC’s extends support with dry ration and medical kits worth INR 1.17 Crore to a number of districts in Maharashtra & Gujarat, benefiting over 2.8 Lakh individuals in western India.
(THE NEWSMAN OF INDIA.COM) Mumbai, April 22, 2020: During lockdown period starting March 23, 2020 till April 20, 2020-BSE the premier debt raising platform of India has raised funds worth Rs 26,666 Crs from commercial papers via 27 corporates and Rs 25,323 Crs from medium and long term bonds via 18 corporates. The issuers included
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(THE NEWSMAN OF INDIA.COM) New Delhi, 22nd April, 2020: Steel Authority of India Limited (SAIL), the Maharatna Steel PSU, has become the leader of crude steel production in India in FY 2019-20. SAIL produced 16.15 Million Tonnes of crude steel during the financial year 2019-20 and it was the highest among all other steel producers
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(THE NEWSMAN OF INDIA.COM) Standing Conference of Public Enterprises (SCOPE) organised the 3rd webinar of the SCOPE Webinar Series 2020 titled ‘Economic Impact of COVID-CPSEs Perspective’ with Deloitte as knowledge partner. SCOPE has recently introduced live webinars on relevant topics imperative for capacity building of Public Sector Enterprises (PSEs). Based on the overwhelming response, SCOPE
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(THE NEWSMAN OF INDIA.COM) New Delhi: State-run Nalco and Coal India arm Mahanadi Coalfields Ltd (MCL) will fully fund two dedicated 350-bed Covid-19 hospitals in Odisha inaugurated on Monday. The hospitals were inaugurated by Odisha Chief Minister Naveen Patnaik along with Minister of Petroleum and Natural Gas Dharmendra Pradhan and Coal and Mines Pralhad Joshi
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(THE NEWSMAN OF INDIA.COM) Nation is going through an unprecedented Novel Coronavirus pandemic. A large amount of resources need to be mobilized at this moment. Damodar Valley Corporation (DVC) has again risen and contributes Rs 1,51,33,531/- to the ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund’ (PM CARES Fund) to combat the challenges
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(THE NEWSMAN OF INDIA.COM) Government-owned RITES Ltd said on Friday it does not expect any significant impact of COVID-19 on the top-line for financial year 2019-20. “We are confident of achieving the outlook given for financial performance of FY20, but some impact can be felt on the new orders and collection performance as last month
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(THE NEWSMAN OF INDIA.COM) NHPC conducted the e-reverse Auction on 16.04.2020 for the 2000 MW Grid Connected Solar PV Project to be set up anywhere in India in presence of A.K Singh, CMD, NHPC and Y.K. Chaubey, Director (Technical). The E-RA was conducted amongst 7 bidders with aggregate capacity of 3140 MW. Against the total
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