(THE NEWSMAN OF INDIA) New Delhi: The Board of Directors of REC Limited (formerly Rural Electrification Corporation Limited) approved the unaudited standalone and consolidated financial results for Q1 FY20 recently. Highlights Operational and Financial Highlights – Q1 FY20 vs Q1 FY19 (Standalone) Sanctions – Rs. 24,288 crore vs. Rs. 18,767 crore, up 29% Disbursements –
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(THE NEWSMAN OF INDIA) Mumbai, Aug 10, 2019: Mansukh Mandaviya, Minister of State for Shipping (Independent Charge), Chemicals & Fertilizers, GoI made his first visit to Jawaharlal Nehru Port Trust (JNPT), India’s number one container Port, after donning the portfolio for the Shipping Ministry. The objective of the visit was to interact with various stakeholders
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(THE NEWSMAN OF INDIA) The Country’s largest power generator – NTPC Ltd., declared its unaudited financial results for Q1 FY20. The gross generation of NTPC Group, with an installed capacity of 55786 MW, in Q1 FY20 was 76.63 Billion units as against 76.92 Billion units during the corresponding previous quarter. NTPC Coal stations achieved PLF
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(THE NEWSMAN OF INDIA) New Delhi, 09th August, 2019: Announcing the Q1 performance for the Financial Year 2019-20 (Q1 FY20), Steel Authority of India Limited (SAIL) declared profit before tax (PBT) of Rs 103.93 crore and profit after tax (PAT) of Rs 68.84 crore. The volatile market conditions, which have led to subdued demand as
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(THE NEWSMAN OF INDIA) In a press statement Steel Authority of India Limited (SAIL) corporate division said that it is deeply shocked and anguished while sharing the news of murderous assault on the Company’s Chairman Anil Kumar Chaudhary by four unknown assailants on the night of 7th August, 2019 near HUDCO Place, New Delhi while
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(THE NEWSMAN OF INDIA) J. K. Borah, General Manager, North Eastern Coalfields, handed over a cheque of Rs. 31.60 Lakhs to Chief Minister of Assam, Sarbananda Sonowal towards the Chief Minister’s Relief Fund for the flood affected people of Assam. Employees of North Eastern Coalfields, Coal India Ltd., Margherita, Assam donated one day’s basic pay
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(THE NEWSMAN OF INDIA) Mumbai July 31, 2019: JNPT (Jawaharlal Nehru Port Trust) JNPT the number one container Port in India, held its Quarterly Port Customers Meeting (for FY ‘19-20), to apprise them about the on-going developments at the Port and also deliberate on any suggestions and concerns these stakeholders have, related to the Port.
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(THE NEWSMAN OF INDIA) The PESB selection board has recommended the name of P K Gupta for the post of Chairman & Managing Director, NBCC (India) Limited., After the interview being held today. P K Gupta is presently serving as Executive Director RITES. Dr. AK Mittal was the last full time CMD of NBCC (I)
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(THE NEWSMAN OF INDIA) The Public Enterprises Selection Board (PESB) has shortlisted five candidates including two IAS officers and two Coal India executives for the post of chairman and Managing Director of CIL. The post is slated to fall vacant in January 2020 and the candidates are scheduled to be interviewed during the second week
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(THE NEWSMAN OF INDIA) New Delhi, August 5: Bharat Heavy Electricals Limited (BHEL) has successfully commissioned one more pumping unit (Unit 5) of 116 MW of the 7×116 MW Kaleshwaram Lift Irrigation Scheme (LIS) Package-6 in Telangana. BHEL has earlier commissioned 4 Units of the same project in April and May, 2019. Significantly, the pump
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