(THE NEWSMAN OF INDIA.COM) NTPC has signed a syndicated term loan in Japanese Yen, equivalent to US$750 million. The facility is fully underwritten by State Bank of India, Tokyo , Sumitomo Mitsui Banking Corporation, Singapore and Bank of India, Tokyo on 20 January 2020 and will be shortly launched by banks for general syndication This
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(THE NEWSMAN OF INDIA.COM) February 03, 2020: Rakesh Sharma, MD & CEO of IDBI Bank inaugurated the IDBI Bank Forex Fest in the presence of Suresh Khatanhar, Deputy Managing Director,Ashok Gautam, Executive Director & Head –Treasury and other officials of the Bank. The Forex Fest is aimed at making IDBI Bank one stop shop for
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(THE NEWSMAN OF INDIA) Bengaluru, February 3, 2020: Amitabh Bhatt has taken over as Chief Executive Officer (CEO) of HAL’s Bangalore Complex. Earlier, he was heading the LUH project in HAL as Executive Director. Bhatt is a Post Graduate in Management and earlier served in SKF India Limited for 15 years before joining HAL. With
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(THE NEWSMAN OF INDIA.COM) SCOPE (Standing Conference of Public Enterprises), apex body of Public Sector Enterprises welcomes the Union Budget and believes that announcements by Finance Minister shall pave way for a robust economic growth. Atul Sobti, Director General, SCOPE while appreciating the various measures proposed, is of the opinion that Union Budget is in
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(THE NEWSMAN OF INDIA.COM) West Bengal Chief Minister Mamata Banerjee on Saturday expressed shock over the Union Government’s decision to sell its stake in the Life Insurance Corporation ( LIC) and questioned whether the decision indicated the “end of an era”. “I am shocked & appalled to see how the Central Government plans to ambush
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New Delhi, 01st February, 2020: Anil Kumar Chaudhary, Chairman, SAIL hailed the budget presented in Parliament today as promising and full of opportunities for the entire industry, including the steel. He said, “Government’s plan of massive investment on infrastructure projects will definitely work to boost steel consumption in the Country and give momentum to the
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(THE NEWSMAN OF INDIA.COM) New Delhi, 30th January 2020: As a part of its ongoing “Health First” initiative, REC Limited organised a talk on “Mindfulness for Excellence & Leadership Development” by Dr. Sandeep Gupta for all its women employees. The main objective of the talk was to promote mental health and empower women to become
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(THE NEWSMAN OF INDIA.COM) At DEFEXPO 2020 to be held in Lucknow, Navratna Defence PSU Bharat Electronics Limited (BEL) will showcase state-of-the-art products and systems spanning every domain of its business – Military Communication, Radar Systems, Missile Systems, Naval Systems, C4I Systems, Electronic Warfare Systems, Avionics, Anti-Submarine Warfare Systems, Tank Electronics, Electro Optics, Gun/Weapon System
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(THE NEWSMAN OF INDIA.COM) The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval to extend the existing Productivity Linked Reward (PLR) Scheme beyond 2017-18 until any change/amendment is made in the Scheme. The Scheme will annually benefit to 28,821 Major Port Trusts and Dock employees/ workers and the yearly
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(THE NEWSMAN OF INDIA.COM) REC Limited received the ICAI Award for Excellence in Financial Reporting for FY2018-19 in ‘Public Sector Entities’ category. REC was recognised for its disclosure practices in its first Ind-As (Indian Accounting Standards) financial statements and Annual Report, and was the only public sector entity to be awarded in this category this
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